The Railway Inn community share offer has opened following a campaign that has secured more than £100,000 in pledges from local supporters. Those who previously pledged money can now convert their pledges into community shares, while new investors can also apply.
Application packs are being sent to everyone who made a previous pledge. Anyone wishing to invest can request a pack by applying online or requesting a paper application from the project's website.
How to apply
Prospective investors can apply in two ways through the project website. The full share offer document, business plan and society rules are available online to help people make an informed decision before investing.
The Railway Inn campaign is being led by a Community Benefit Society, a legal structure designed to allow local people to collectively own and run community assets. Buying shares makes people members of the society and allows them to play a part in securing the future of the pub.
The share offer documents make clear that community shares are a long-term investment, and anyone considering investing should read the full information before applying.
Other ways to support
For those who wish to support the campaign without buying shares, donations can continue to be made through the project's fundraising page.
Anyone with questions can contact the steering committee through the project's website or Facebook page.
