Learn more about
Community Shares on Crowdfunder.
Please #investaware — investments of this nature carry risks to your capital.
Caverswall Community Society are aiming to save The Auctioneers Arms through a community share offer.
by Caverswall Community Society in Caverswall, England, United Kingdom
Learn more about
Community Shares on Crowdfunder.
Please #investaware — investments of this nature carry risks to your capital.
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Think of the perfect pub – a warm and cosy local with your favourite tipple and full of friendly faces!
Now imagine the price that you have paid for your favourite tipple is not lining the pockets of some multi-national beverage company, but instead, is being reinvested into the pub and going back into the local community.
Sounds too good to be true? Sounds like a pipe dream? Think again – these magical places really do exist. It is a fact that there over 70 successful community owned pubs in the UK today.
The Auctioneers Arms, Caverswall
Has been pulling pints for over 150 years and the surrounding land has provided the community in all sorts of ways.
The people of Caverswall and Cookshill want this to continue.
Therefore, it is with great pleasure to announce that the Caverswall Community Society are aiming to buy The Auctioneers Arms through a community share offer. This is not just about saving a pub, it is about so much more than a pub. This is about creating a community hub and creating necessities for the local community and surrounding area. This is your chance to be a part owner of a rural pub in the village of Caverswall, Staffordshire. Please read our Share Offer document and our Business plan which can be found at the bottom of this page.
Join a group of investors who truly believe in this project; who know the difference in can make to the community and the local economy; and who want to be part of this exciting Crowd funding venture. Together with your help we will succeed.
What if we could offer you:-
The Auctioneers Arms (known as The Knocks) has been in previous years a thriving, vibrant pub. However over the past decade it has declined under the ownership of a large, well known pub operating company that has not invested in the building, marketing or the business development. In August 2016 the pub closed its doors and was sold to a property developer who intends to demolish the pub and build houses upon the site. Fortunately, in October 2016 the local residents managed to formally register the pub as an Asset of Community Value ( ACV) with the district council which prevented the demolition of the pub and removed the owners permitted development rights.
Back in November 2016 the owner was asking for offers in access of £300K. Following advice taken from an independent evaluation that took place in March 2017 the Society made an offer of £245K which the owner did not except. Although the pub still remains an ACV, the owner has since taken the pub off the market. The Society’s intention is to launch this share offer and to raise sufficient funds so that we are in a position to approach the owner with proof of funding and a firm commitment to make a further offer to buy the pub. Your pledge and support are essential for us to achieve this.
In addition to helping to SAVE the Auctioneers Arms for this and future generations and turning into a thriving community pub that you want to visit, why else would you want to invest? This is why:-
PLEASE NOTE - By making a pledge you are registering your intention to invest. Your money will only be taken if the owner agrees to the sale of the pub.