Our offer to purchase the White House was not accepted by Greene King. The selling agents have said that there are other interested parties and we have received a request for “best and final” offers with a deadline of Friday 20th March 2020, this ties in with the end of the Asset of Community Value moratorium.
At this point, we will put in the best community offer that we can to secure the pub. Our current level of share purchases give us the potential to increase our offer somewhat but not significantly.
Any investments that come in now will serve to make our bid position stronger. With this in mind, our share offer remains open and we would urge you to investif you can. Shares start at just £50 and every single share counts.
Thanks to a small army of volunteers, our friends and neighbours in Woodstock, Long Hanborough, Church Hanborough, Cassington and Freeland were leafleted at the weekend.
We still believe that a community purchase of the White House would be an amazing addition to the Bladon community and surrounding villages.
Thank you so much to all that have invested and supported the Bladon Community Pub bid.
The great news is that we have raised enough money to make a credible offer to Greene King. We’ll make an offer early next week and be back in touch when we have any news.
As there is sadly no guarantee that our offer will be accepted, we have decided to leave the share offer open. The share offer will now officially close on the 31st of March, or if we are unsuccessful in our bid to purchase the pub, whichever comes sooner.
If you wanted to invest but missed the deadline, please still buy shares as anything extra we raise will go towards improving our offer if we need to, improving the fabric of the building or helping us bring the community services to life.
Today is the day! Thanks to all that have already purchased shares and if you haven’t yet, there’s still time to invest in this amazing project – please buy your shares by 11 p.m. tonight.
3 Great Reasons to Invest!
1. Bladon’s last community hub
It’s not just about keeping a boozer, it’s the last remaining community facility in the village and has the potential to be much more than a pub. In the UK, 120 pubs have been taken over by the community and every one of them continues to thrive.
2. Protect your property value
Surveys show that 23% of house buyers thought having a good local was important and that close proximity to a popular pub could add as much as 10% to property prices.
3. Stop another potential housing development
We know that developers are interested, they’ve even approached us! The Asset of Community Value status gives the community the opportunity to bid for the pub and is our best chance of securing and having a say in the White House’s future.
Not every village gets the opportunity to create an amazing hub owned by the community, offering many additional services that will make it so much More than a Pub. There is a real need for a place for the whole community to come together and where services such as support groups, coffee mornings and a small shop can be hosted.
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