A European grant will not be enough to give the outside of Grosvenor House a facelift.
But does the landmark building need a makeover, or should she be left alone?
The building’s owner, Corby Council, had hoped to attract more than £1m from the European Regional Development Fund to fix up the dilapidated building.
Although there are tenants in Grosvenor House that generate around £30,000 per year, the council realised last year that they had to invest cash if they wanted to attract more tenants to the building.
They applied for the European cash but last week it was revealed that they had only been successful in getting the provisional go-ahead for £763,000 from the European Structural Investment Fund which means that the outside of the building is unlikely to be given a facelift.
A report to councillors said: “Attracting additional office tenants for the building continues to prove challenging.
“Following outline approval for a European Structural Investment Fund bid for £763,000 to refurbish Grosvenor House for office use, a decision on the outcome of the full bid is awaited.
“A number of queries have been raised concerning state aid and officers are working to resolve them. Given the reduced grant available it is unlikely significant work to the exterior of the building could be included within the works.”
It is hoped that the grant could create about 17,000 sq ft of office space.
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You can view a lovely old video of the Strathclyde Hotel here
The building originally opened as the Strathclyde Hotel in the about 1960. It had 41 bedrooms, eleven floors and was a three-star establishment.
It was the first stop for many steelworkers moving to Corby, and was home to a Save our Steel banner during the late 1970s.
However, it was shut down after Legionnaires disease was discovered there.
It was home to several nightclubs including Martine’s owned by Corby nightlife legend Bip Wetherell, and was later the home of Corby Council from 2000 after they moved from the civic building across the road which had structural problems.
It stands 34m above ground level.