Ashendon Community Pub Society

Ashendon Community Pub Society Has Received a £300,000 Government Grant Offer Towards Saving our Pub.

Amid stiff competition and in a monumental boost for community spirit and local connectivity, the Ashendon Community Pub Society (ACPS) is thrilled to announce it has been offered a transformative Community Ownership grant amounting to £300,000. This generous funding, awarded by the Department for Levelling up, Housing and Communities, marks a new chapter in our ongoing efforts to preserve the Ashendon Pub as a community-owned asset. The award is made up of a £250,000 Community Ownership Fund towards the purchase of the freehold plus a £50,000 revenue fund towards working capital.

What’s Next? - Full Funding Through a Community Share Offer

The award is made up of a £250,000 Community Ownership Fund towards the purchase of the freehold plus a £50,000 revenue fund towards working capital. The society will then need to raise a further £250,000 to acquire, renovate, and reopen the pub. This balance will be raised through a Community Share Offer.

We are enormously grateful to those residents in Ashendon and neighbouring villages who have already pledged to buy shares when the offer is issued. The current total pledged is £168,000. We are still seeking £82,000 in pledges to buy shares. Now that we have won the trust and majority financial backing of the government to make this initiative a success, we hope that even more members of the community will come forward to pledge whatever they can to ensure this window of opportunity does not slip through our fingers.

See Our Community Pub Initiative Page to learn more.
Hundred Public House - Ashendon Parish Council - Ashendon Parish Council, Ashendon, Aylesbury