Plans to renovate an old depot in Plumstead have been revealed following £2.5m of funding from the Mayor of London.

City Hall announced the grant from the Good Growth Fund earlier this month and the money will be split between projects in Plumstead High Street and at White Hart Road depot.

Early impressions of how the old White Hart Road council depot could look have been released by the council ahead of a meeting on how to spend the cash.

Crossrail has been using the building, but the council is set to take it back this year and plans to build a market and cafe in what will be the Plumstead Business Hub.

A report going to the council next Wednesday says: "With the departure of Crossrail, there is an opportunity now to re-establish this building as managed workspace for Plumstead.

"Officers consider that this building is ideally suited to develop a varied range of managed workspaces supported by auxiliary services (such as a crèche, cafe, socialising and networking spaces) that will both support the vibrancy of the building offer and be open to the wider public."

The plans suggest studios, rehearsal space, a nursery and a gallery as well as a public square, roof terrace and pub.

For the high street, the money will be pumped into the appearance of shopping areas, to increase business.

The report also says: "There is an opportunity to deliver façade, signage, lighting and treatment improvements to businesses in Plumstead. An initial appraisal estimates that at least 40 businesses can benefit from these improvements."

However, not all shops in the town centre will get a boost from the money as the council is planning on using it on stores that tick the boxes of being either a local asset or in a "strategic location".

The council will also be pitching in £2.5m to the schemes, matching the funding Sadiq Khan announced.

Speaking about the announcement, Councillor Denise Hyland, leader of Greenwich Council, said: “The council is driving change in Plumstead, investing millions and attracting further funds to improve the local environment.

“We will continue to work with residents and existing businesses to improve the high street as well as attract new businesses into the area. I am delighted by this additional funding, especially with it coming in the same week as work starts on transforming the library into a multi-functional community centre.”

A further £2.7m has also been earmarked by the council to develop the area adjacent to Plumstead station.