Submitting a bid will not cost anything.
The costs of running a library and income generation are more complicated. Income would be primarily generated from renting out the upstairs rooms, and with connections from local traders and V22, there is little doubt that we could fill all the space available. At least one person would need to be employed to manage the library and to manage volunteers.

Other methods of income generation are under discussion and the consortium includes groups that have a good track record of applying for appropriate grants. But using the rental value it looks like we can just about make the books balance without relying on outside grants. I think to say more in public on the finances at this stage would be inappropriate.