This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.
Locals launch pub rescue bid
Locals in the north-west of England have joined together in a bid to buy and reopen a historic pub, which closed last year.
The community share offer, which has been launched with support from the Co-operative Enterprise Hub, is hoping to raise money in order to bring the Crown Inn in Blencowe, near Penrith, back to life.
The pub dates back to the mid-18th century and is registered as a community asset. Organisers are hoping to attract hundreds of co-owners to invest a minimum of £250 to join the newly formed co-operative society, known as Blencowe Community Pub Limited.
Blencowe Community Pub Ltd spokesman Greg Wilson told the Press Association: “It is absolutely incredible to see how a community has become united in a venture such as this and we are delighted with the response and pledges of support that we have received so far.
“We have a shared dream to save this popular pub which can offer so many benefits for residents, tourists and the local economy alike.
“People have a unique opportunity to co-own the Crown Inn and create a real community asset that promotes local ales and foods while hosting music, poetry, book and history nights.”
Michael Fairclough, the Co-operative’s head of community and co-operative investment, said: “Co-operation can be key to safeguarding much-loved local assets and, by working together, communities can be a powerful catalyst for change capable of overcoming many of the challenges facing today’s society, environment and economy.”
.