Pub crowdfunding success near St Albans

PUBLISHED: 06:00 14 January 2017

The White Horse Kimpton support group.

The White Horse Kimpton support group.

Archant

A determined group of residents are getting closer to their goal of saving the local village pub.

The volunteers have been inviting people to invest in shares to buy the Grade II listed The White Horse in Kimpton, which is officially listed as an Asset of Community Value which gives residents an opportunity to bid for it.

The pub closed last April 2015 and was put up for sale by brewery McMullens, much to the anger of local residents who wanted to see it retained as a pub.

More than £400,000 has been raised so far, with 150 people pledging their support throughout December.

Chairman of the White Horse management committee, Neil Burns, said: “There are still pledges dribbling in.

“We have made a formal application for a grant. That’s all happened over the Christmas period and we are assessing and seeing what the next step is.

“Our overall target is £580,000 and that is taking us within striking distance of the total sum. We want to get the message out there because there’s obviously still a large number of people who didn’t pick it up.

“We want to make sure as many people as possible realise what we are trying to do. If we can get a reasonable number of people to get involved in the scheme we may be able to reach that number.

“It’s a good step forward.”

The volunteers have been working with community ownership specialist The Plunkett Foundation to develop their business plan and gain pledges of support.

Their aim is to reach their £580,000 target in the current financial year.

More news stories

Yesterday, 19:00

A St Albans vendor has launched biodegradable coffee pods to combat plastic waste.

Yesterday, 18:15

An award-winning folk duo will be recording an album live in a village church in Hertfordshire this weekend.

Yesterday, 18:07

Commuters will have to grapple with disrupted trains on their way home this evening.

Yesterday, 16:47

Three people have been arrested in connection with theft in St Albans.

CountryPhile

Recently we, as a family (minus two of the kids), visited The Lodge RSPB reserve in Sandy, Bedfordshire. I had never been before, which is perhaps amiss of me as a birdwatcher as it is the headquarters of the Royal Society for the Protection of Birds or RSPB and only 45 minutes drive from home.

Digital Edition

Image
Read the The Herts Advertiser e-edition E-edition
Zoo Watch CountryPhile

Newsletter Sign Up

Herts Advertiser weekly newsletter
Sign up to receive our regular email newsletter

Our Privacy Policy

Most read stories

Show Job Lists

Herts Most Wanted Herts Business Awards