Official title - Community Wellington Inn (Herefordshire) Limited - CWIHL

What a great turn out for the Wellie Pub Fest!

We hope the day reminded everyone how good it is to have a pub in the village.

We’re pleased to announce that we are over halfway to our target,

thanks to all who have already purchased shares.

The Wellie Pub Fest on Saturday 28 August was a huge success, enjoyed by all, but feedback suggested that people need more time to help us reach our target.

We know that many villagers have had the details of the share offer and have still to complete their purchase. In order to give more people time to buy shares,

we’ve extended the share offer beyond 4 September.

We are very grateful for all those who have purchased their share so far;

please can we encourage those who have not yet subscribed to

complete and return their application forms?

Please encourage your friends and neighbours to do the same.

Although we have made applications to other sources of funds,

we will not know the result of these for some weeks.

In the meantime, it is vital that we raise enough in share purchases to buy the pub.

The terms of the share offer as explained in the Share Prospectus will remain the same and the application forms available either in printed form or online via the website can still be used.

The Business Plan, Share Prospectus and Share Application Forms can be downloaded

from the Documents Page of this website.

All online bank transfers have been processed to date.

Cheques received will be held securely until we have reached our target

and will then be paid into our bank account.

All share applications are being processed - and recorded onto our secure database.

When we have reached our target and bought the pub we will issue share certificates.

Saturday - 4 September - Community Centre - 12.00 noon to 4.00 pm.

Team members were available to explain the project and answer any questions. Thanks to all those who bought shares at the Fete.

We are live-streaming our public meeting and you can watch it on YouTube by clicking on this link - HERE

Would you like to see and hear what went on?

Please copy this passcode Wdv?2K!! and then CLICK THIS LINK and paste the passcode into the browser.

The Old Boot has been a thriving pub in the past, attracting custom from Wellington, surrounding villages and further afield, with a deserved reputation for well-priced good food. However, more recently the pub trading has declined, and it was closed in August 2019.

The Community Wellington Inn (Herefordshire) Ltd (CWIHL) was set up in 2021 following a virtual public meeting and community engagement through leafleting and online activity with the aim of buying the pub for the community.

The Pub was registered as an Asset of Community Value in 2018, which gave the community the right to bid for its purchase. The property was put up for sale in January 2021 for £300,000.

The purpose of the CWIHL is to raise sufficient funds to be able to acquire and refurbish the Pub in Wellington for the community.

We aim to raise a total of £460,000 comprised of at least £250,000 through sale of community shares and the balance

This share offer gives local people and organisations the opportunity to buy shares and so contribute on a long-term basis, to the aims of the society to purchase, refurbish and let the pub.
Each share will have a nominal value of £50. The minimum investment is 1 share [£50] and the maximum investment is £40,000 per person or organisation. Every shareholder holds one vote and equal voice, regardless of the number of shares held.

It’s important that you read the Share Prospectus carefully in full before deciding whether you want to subscribe for shares.

You’ll need to complete and submit a share purchase application form, which is enclosed in the share prospectus. These will be distributed and made available round the village or can be had from one of the CWIHL committee members on request, or at the Public meeting on 29 July.

You can also download it from the Documents page of this website.
Payment can be made via cheque or bank transfer; details are  on the share application form.
Individuals aged 18 and over and organisations can apply for membership by buying shares. Monies will be held on deposit by CWIHL until the share offer is fully subscribed, when they will be cashed and share certificates will be issued to all members.

Apart from the purchase of shares, we are very happy to receive donations to help buy the pub.

Please get in touch at info@wellingtonpub.org if you wish to support us in this way.

We will be distributing leaflets and flyers around the village in the coming weeks and using continuing to use social media to spread the message.

Check out our Facebook site for more news.

Find us on Facebook