Residents start last push to get Denmead pub open

GETTING THERE The Fox and Hounds co-operative after negotiating a deal to buy the pub last month. From left, Neil Lander-Brinkley, Ken Scholey, Mark Meadus, Patricia Stallard, Jan Cooper, Rob Stark and Jon Pocock. 'Picture: Mick Young (132846-03)
GETTING THERE The Fox and Hounds co-operative after negotiating a deal to buy the pub last month. From left, Neil Lander-Brinkley, Ken Scholey, Mark Meadus, Patricia Stallard, Jan Cooper, Rob Stark and Jon Pocock. 'Picture: Mick Young (132846-03)
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THERE are fewer than 10 days left to pledge support to save an historic pub.

The community bid to buy the Fox and Hounds pub, in Denmead, is close to success with £140,000 of the £200,000 needed to secure the 140-year-old watering hole already pledged.

A six-strong group of campaigners has finally realised their dream of persuading the owners to sell it to the community to secure its future and stop it from being bulldozed for housing.

It has taken 18 months but they are almost there.

Rob Stark, one of the directors, said: ‘We are well on our way to our target and whilst we remain optimistic, it really does rely on the many people who have verbally confirmed their support to actually commit to a pledge.

‘The main reason to pledge financial support is to save a once-thriving hub of our community where it was a pleasure to spend the evening eating and drinking amongst friends.

‘Everybody I have spoken to on the doorstep, everyone who has stopped me in the village, and even in other local pubs, have all expressed interest and wish us every success in our efforts to get the Fox and Hounds open again.

‘I’d also like to thank those who have trudged the streets delivering nearly 3,000 leaflets.’

A donor has been found who is putting up the £300,000 to buy the pub, but that needs to be paid back and a further £200,000 raised to refurbish the building.

A share issue will be launched early next year with a separate fundraising initiative targeted to raise the £300,000 to pay back the beneficial lender. It will be launched nationally by Parity Trust.

People who have pledged towards the first target of £200,000 and chosen the investment option will be issued with shares at the time of this issue. These pledges will be requested in December.

To make a pledge go to foxandhounds-pub.co.uk or email info@foxandhounds-pub.co.uk.