| Present Situation | ||
| Where are we at the moment? | The Old Boot pub was purchased in the summer of 2024 but is currently closed. |
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It continues to be registered as an Asset of Community Value. |
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There is a small group of pub enthusiasts from the village who want to preserve the Old Boot in Wellington. |
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What have we done so far ? |
Obtained advice from the Plunkett Foundation – part of the co-operative movement, a charity founded in 1919, which represents a network of almost 600 rural community cooperatives.
Learned lessons from what others have done – The Boot at Orleton. See https://www.thecommunitybootinn.co.uk/
Formed a Community Benefit Society (CBS) and Registered it with the Financial Conduct Authority. Got the pub valued by an independent qualified pub valuer. Commissioned a survey by an independent qualified surveyor. Produced a Business Plan. Produced a Share Prospectus. Prepared a share offer launch so that the community will own the premises. |
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