Fancy a drink in your own pub? Why not buy some shares in The Butchers Arms?

Lyvennet Community Pub Shares Top 100,000!

The Butchers Arms

Residents of Crosby Ravensworth Parish (and visitors to the area) are a step nearer to having another drink and meal in The Butcher’s Arms now as the number of shares purchased in the Community pub has just passed the 100,000 mark.  Residents hope that the pub will soon return to its popular role as community hub. The current landlord had to close its doors due to ill-health, now the residents are investing in shares for a community purchase of the pub. There are precedents for Community pubs to do very well (Hesket Newmarket’s Old Crown pub is a good example in Cumbria) and if the purchase goes ahead as planned the shares are expected to yield a minimum of 3% in their second year.

Share value can go down as well as up, but this share offering is backed up by the “bricks and mortar value” of the building itself.  There’s a case of a community pub in Yorkshire exceeding its initial sales expectations by about 50%!

Community support, good food and cask ales would be a very good starting point.

See www.lyvennetcommunitypub.com for the latest news and for information about how to buy shares.

Advertisements

4 thoughts on “Fancy a drink in your own pub? Why not buy some shares in The Butchers Arms?

  1. Good luck to them! Hope they manage to re-open the pub for good and make some money into the bargain. It is a shame to see so many pubs closing these days, especially so when it is in small communities. Best wishes to them all!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s