Beer tie Cheers for co-op that saved a local
DETERMINED villagers have won the fight to save their local pub after joining forces to turn it into a co-operative.
Customers are celebrating the re-opening of the Butchers Arms in Crosby Ravensworth, Cumbria, after raising £300,000 in three months. The pub was closed for a year and looked doomed to be sold for housing.
Nearly 300 people took a stake in the business, investing £250 to £20,000, with guidance from the Co-operative Enterprise Hub.
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They set up a registered co-operative and bought the business for £255,000 before giving it a facelift including rewiring, decorating and installing a new kitchen.
Determined villagers have won the fight to save their local pub
New landlords Keith Taylor and Bev Percy said: “We’ve been amazed by the dedication and efforts of the community and volunteers.”
The enterprise hub, set up by the Co-operative Group with £7.5million, has helped 500 businesses since 2009.
