Regulars reopen favourite pub - by buying it (From Gazette)
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Regulars reopen favourite pub - by buying it
1:04pm Thursday 27th December 2012 in News
Regulars reopen favourite pub - by buying it
A GROUP of pub regulars plan to reverse the demise of the local boozer - by buying one themselves.
Around 20 Wivenhoe residents have clubbed together to buy the centuries old Black Buoy pub, after owners Punch Taverns closed it in October.
They have already raised 80 per cent of the cash needed to buy the freehold.
John Moores, the group’s spokesman, said the intention was to restore the pub to its rightful place at the heart of the community.
He said: “It’s not just an investment you make and then forgot about.
“It’s a living, working pub. We want to put it back to its former glory."
See the full story in Thursday's Gazette
Comments(4)
marbarbuto
says...
8:32pm Thu 27 Dec 12
romantic
says...
11:13am Fri 28 Dec 12
They need to get in a good manager who is an outsider. It needs somebody fairly diplomatic to, in effect, deal with 20 bosses, as there are likely to be different views on what is done to get new customers in. Do you go the food route? Live music route? Attracting the students? Real ale buffs?
I´ve been a regular at a couple of pubs where closure looked imminent, and in both we did seriously look at the procedure for doing a customer buy-out. In the end, both stayed open, but even the opening informal discussions did show it could be hard to run a pub by committee. That´s why they need to get in a good manager, and one who is strong enough to hear the 20 different viewpoints and work out the best way to go.
Done well, I think this is the way that more and more pubs will survive in the future.
Boris
says...
10:20pm Fri 28 Dec 12
Boris says...
8:12pm Thu 27 Dec 12