Community Cooperative Update
17th November 2017
Lawrence has now completed the pub valuation. The steering committee were all impressed with the thoroughness and length of the report. The valuation given was £210,000. This was accepted as fair by Lynda, Stuart & the committee.
Two members of the committee are now analysing the trading accounts to work out a way of creating a viable structure for community ownership.They will meet again on Tuesday 12th December to discuss this and will arrange a date in the new year when all interested persons may attend.
Now we know a little bit about the financial implications of becoming a community pub, we hope that potential shareholders will give an indication of their financial commitment. There is a feedback sheet in the pub with a response box.