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A pledge is a way of letting us know that you support the community purchase and would, in principle, be willing to invest.

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Currently, the pub is on the open market with a guide price of £395,00 plus VAT.

We are currently obtaining independent valuations to ensure the community does not overpay.

 The following is a suggested guide as to the timescales we should be working towards.

There are two main reasons why a Cross Guns in community ownership could be more viable than it has been recently.

1. Cost Savings: If we own the pub, we will immediately be around £24,000 better off per year as we won’t need to pay rent to a brewery. As our drinks wouldn’t be tied to the pubco, we should be able to purchase local beer and other products at a better price, too.
2.  Loyalty: We’d like to think that local people would be much more loyal to a pub that they own – after all, it’s in their best interests to support the venture. It is also an opportunity for the pub to adapt and offer different services to the broader community, maybe a cafe. Over the years, some local people have got out of the habit of going to their local pub. By being much more than just a pub, we hope many of these people will come back. Just as the community Cross Guns would aim to be loyal to local producers, suppliers and tradespeople, so we hope that these people would become loyal supporters and customers of our pub.

Community pubs are unique in that they are funded through a public share offering, giving community members and other third parties the chance to invest. This gives shareholders a sense of ownership and involvement in the pub's success. There are typically minimum and maximum investment thresholds in place. 

Community pubs play an essential role in preserving the heart and soul of small towns and villages. Many of these beloved establishments have been at risk of closure, but have been saved by community ownership. This not only ensures the continued availability of a vital service, but also allows members to have a say in the pub's operations. From the running of the pub to the types of services offered, community ownership allows for a more tailored and personalised experience. As well as serving as a gathering place for residents, community pubs often go above and beyond by providing additional services such as a meeting place, café, or local shop. By supporting and investing in these community pubs, we can all play a part in preserving the unique character and charm of our towns and villages.

Aside from the obvious benefits of owning and running the pub by the community, for the community, there is always a risk that private investment may not be forthcoming.  Over the last two decades, more than 13,000 pubs have closed in the UK, with the land typically being sold for change of use, often ending up as housing.  Once local pubs close they are lost for good. It is also worth noting that out of the 217 community pubs started, 100% are still running.