We are overwhelmed by the response to the share offer, and have now reached our minimum target of £136,000 - a huge thank you to you all.
The point of this shop is that we as a community own it. With this in mind, and having spoken to our community shares expert, we have taken the decision to keep our March 6th deadline, and extend the share offer target to make sure that all the people that have expressed interest, and all those that thought they had until the 6th March to make their decision, have the opportunity to invest to become a founding member.
This is now shown as a 'stretch target' on Crowdfunder, and the maximum target is now set at £179k (the grand total needed to build the shop).
Please be assured that this isn't a new share offer target. It has been reset to enable the Crowdfunding site to allow more founding members to invest. Anything we raise above and beyond the original target (£136k including match fund) means that we rely less on the other sources of finance (grants and loans) and keep more of the financial interests of the shop within our community.
Your investment and support is incredible. Thank you