Partly Cloudy

Partly Cloudy

max temp: 20°C

min temp: 15°C

ESTD 1874 Search

Toppesfield: Villagers club together to buy pub

20:11 19 December 2012

Villagers in Toppesfield have banded together to buy the local pub for the community

Villagers in Toppesfield have banded together to buy the local pub for the community

Archant

RESIDENTS of a north Essex village have treated themselves to an early Christmas present – the local pub.

The people of Toppesfield banded together to purchase the Green Man public house for the community after it had been on the market for several years and they feared they could lose it.

They formed an organisation – Toppesfield Community Pub (TPC) Ltd – and raised more than £150,000 through a share subscription to purchase the building from previous owners Admiral Taverns. Additional finance was secured through a mortgage and a substantial donation from a charity with local connections.

Chairman of the TCP committee, Alan Collard, described the acquisition as an “incredible achievement”. He said: “To secure the pub’s future when so many pubs around our way are closing down is a fantastic boost for the community. The support and encouragement has been overwhelming and people have voted with their wallets to preserve our local.”

Work to assess if the project was viable began in March, and after a series of meetings, more than 150 locals bought shares in TCP. This is the second successful community initiative undertaken by Toppesfield residents.

In 2002 they built their own village shop and post office, which is staffed on a voluntary basis. The group was advised by the Plunkett Foundation, a national organisation that supports rural community enterprises. Its chief executive, Peter Couchman, said: “An estimated four rural pubs close every week, but community ownership is a viable and successful solution to this problem.

“About 97% of community-owned shops that have opened in the past 25 years have stayed open.”

Search hundreds of local jobs at Jobs24

0 comments

Leanne Castle of Menta and Malcolm McGready and Barry Gosling from sponsors Ensors celebrate the success of Coffee Means Business at The Apex in Bury St Edmunds, with the coffee being served by Megan Carr.

Suffolk enterprise agency Menta is about to celebrate two years of hosting its monthly business networking event, Coffee Means Business, in Bury St Edmunds.

Ryanair's chief executive Michael OLeary .
Photo: Nick Ansell/PA Wire

The boss of budget airline Ryanair has called on the UK’s government to end uncertainty over airport capacity by authorising new runways at Heathrow, Gatwick and Stansted.

From left, Sun Lihua, director of Chinese-based company Wow Face, Professor Anthony Forster, University of Essex vice-chancellor, He Liwen, vice president at the Jiangsu Industrial Technology Research Institute, and Peter Manning, head of Essex International.

The University of Essex welcomed business and technology leaders from Jiangsu province in China as part of a special visit co-ordinated by Essex International, Essex County Council’s international trade team.

Julia Smith, chair of the board of governors at Writtle University College, The Rt Hon Anne Jenkin The Baroness of Kennington, chancellor for Writtle University College, and Dr Stephen Waite, vice-chancellor for Writtle University College.

Writtle University College has appointed an Essex baroness, Anne Jenkin, as founding chancellor from tomorrow.

Steve Muncey, KPMG

Big Four accountancy firm KPMG is to establish a new office in Norwich to help serve its client-base across East Anglia.

HOT JOBS

Show Job Lists

Most read

Most commented

Topic pages

Streetlife

Newsletter Sign Up

Sign up to the following newsletters:

MyDate24 MyPhotos24