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Friday
Aug252017

Rumours of a sale of the Golden Lion

 

Many of you may be hearing rumours that the owner of the Golden Lion might be putting it up for sale.
Everyone is pleased to hear that the pub might, finally, get a new lease of life.
For the past few years the Pub Steering Group of the Parish Council has been trying to determine how we can purchase the Golden Lion as a community pub and hub. We are frustrated that the owner has not entered into a direct dialogue with us about this. In recent months we have been talking in detail with CwaC about the chances of obtaining a Compulsory Purchase Order on the building. The pub is also currently registered as an Asset of Community Value (ACV) and this basically gives us a 6 month window in which to raise the required finances to purchase the Golden Lion at a ‘fair market price’ should the property be placed on the market.
 
We are well on the way to developing the business plan to demonstrate how the community could pay for the pub and run it as a going concern. We are also working on the sources of finance that will support either a CPO or purchase. 
Our plan is to complete the DRAFT business plan in the coming weeks and present this to the community for comment at a public meeting in October. The plan will also explain how residents can support the pub purchase, should they wish.
In the meantime, please address questions via the Parish Council Clerk and we will try to answer them.

 

kirsty@ashtonhayespc.co.uk

The Pub Action Group

(Photo Courtesy of Andrew Forgrave)