There is a strong market opportunity for the redevelopment of St Margaret’s as an arts and performance venue. St Margaret’s presents the opportunity to deliver a unique offer whilst complementing and enhancing existing arts activity and tourism development.
St Margaret’s Performance and Artistic Venue Options Appraisal. Jura Consultants. July 2015
The option for the building that the St Margaret’s Trust and SRCT will take forward will:
The regenerated St Margaret’s will support high calibre exhibitions and performances with a programme delivering:
Approximately 19,000 – 22,000 visitors are expected to visit St Margaret’s each year. This is a prudent estimate and there is strong potential to exceed this as the profile and reputation of St Margaret’s as a destination for art and culture is established. The wider development of Braemar as a tourist destination is also crucial in determining the growth in visitor numbers over time. It is anticipated that St Margaret’s will provide full and part-time employment in addition to training opportunities, work placements and voluntary positions.
The anticipated capital cost of the St Margaret’s Project is approximately £2.2 million. Funding is expected from a range of sources including the Heritage Lottery Fund, Historic Scotland, charitable trusts and private benefactors.