Regulars reopen favourite pub - by buying it

Gazette: Regulars reopen favourite pub - by buying it 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)

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8:12pm Thu 27 Dec 12

Boris says...

Well done, these brave people. It is a good pub so let's hope that they succeed in buying it, and that they get a good manager to run it.
Well done, these brave people. It is a good pub so let's hope that they succeed in buying it, and that they get a good manager to run it. Boris
  • Score: 0

8:32pm Thu 27 Dec 12

marbarbuto says...

Well done!!! I was working almost two year as a waiter (from february 2008 to november 2009), i am really happy about this news. Unfourtunatelly, now I am living in Barcelona (Spain) but I wanto to help!
Well done!!! I was working almost two year as a waiter (from february 2008 to november 2009), i am really happy about this news. Unfourtunatelly, now I am living in Barcelona (Spain) but I wanto to help! marbarbuto
  • Score: 0

11:13am Fri 28 Dec 12

romantic says...

Good luck to them. It´s a tough time for pubs at the moment, and once they´re gone, they normally stay gone. By owning the freehold, they´re not tied to the extortionate prices which Punch will charge them and can buy beer on the open market. Also not shackled by the excessive rents which companies such as Punch, Enterprise etc charge pubs.

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.
Good luck to them. It´s a tough time for pubs at the moment, and once they´re gone, they normally stay gone. By owning the freehold, they´re not tied to the extortionate prices which Punch will charge them and can buy beer on the open market. Also not shackled by the excessive rents which companies such as Punch, Enterprise etc charge pubs. 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. romantic
  • Score: 0

10:20pm Fri 28 Dec 12

Boris says...

If they produce decent food at a fair price they should be able to attract customers away from the nearby Rose and Crown, which has the waterside position and thus gets away with providing mediocre meals.
If they produce decent food at a fair price they should be able to attract customers away from the nearby Rose and Crown, which has the waterside position and thus gets away with providing mediocre meals. Boris
  • Score: 0

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