tag:blogger.com,1999:blog-18224084403991659092024-02-20T00:27:11.376+00:00The Pub In The Village Save The Red Lion Campaign - dedicated to retaining the Red Lion pub in Sidbury village East Devon
Sidbury Community Enterprises Limited - established for a community ownership of the Red LionAnonymoushttp://www.blogger.com/profile/07151360672361761984noreply@blogger.comBlogger189125tag:blogger.com,1999:blog-1822408440399165909.post-79545396981683353972014-08-03T16:25:00.001+01:002014-08-03T16:25:42.501+01:00Campaign Results In New Red Lion Owner<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
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<span style="font-family: Arial, sans-serif;">We have not communicated with you for several weeks since we alerted you to the fact that Punch Taverns had opened negotiations with another potential purchaser after we were unable to raise sufficient funds through the Sidbury Community Enterprises share offer to purchase the Red Lion, refurbish it and to fund the required start-up costs.</span></div>
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<span style="font-family: Arial, sans-serif;">The reason for saying nothing since then was that, whilst Punch Taverns has kept us abreast of the progress of the purchase negotiations with the other potential purchaser we were provided information on a strictly confidential basis. However, in light of the report of Tom Barrington’s successful purchase of the Red Lion in today’s Sidmouth Herald we feel that we can now address the issue.</span></div>
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<span style="font-family: Arial, sans-serif;">Firstly, we offer Tom our congratulations in successfully purchasing the Red Lion and obviously we hope that it will go from strength to strength under his ownership. It is in the village’s interest that it has a popular village pub, which was the main objective of the Campaign. We understand that Tom may not be opening until later in the month. </span></div>
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<span style="font-family: Arial, sans-serif;">This has therefore brought the activities of Save The Red Lion Campaign and Sidbury Community Enterprises to a conclusion almost 15 months from when it all began at the open meeting in the Red Lion’s skittle alley on 19 May last year. We believe that although the vision that Sidbury Community Enterprises launched for the pub cannot be realised through community share ownership, we are pleased to have managed to secure the use of the premises as a pub for at least 5 years.</span></div>
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<span style="font-family: Arial, sans-serif;">Many people who live both locally and further afield have, over the past 15 months, supported the Campaign’s activities to retain the Red Lion. We could have found ourselves in a situation where the village pub closed permanently, rather than just as presently for the temporary period between Punch Taverns and Tom Barrington’s ownership. </span><span style="font-family: Arial, sans-serif;">We are sure that Tom will recognise that through our efforts the purchase price was reduced by £100,000. </span></div>
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<span style="font-family: Arial, sans-serif;">So there is much to celebrate. Our thanks also must go to Hugo Swire and Reverend Susie Williams for being the Campaign Patrons. Much thanks also go to DCC Clr Claire Wright for her personal unwavering support and her financial support from her DCC Locality Budget. We also received good financial support from the Keith Owen Fund. Both of these funding streams allowed the Campaign to thrive and we are very grateful to them.</span></div>
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<span style="font-family: Arial, sans-serif;">We have received great support and much free publicity from the local press including from BBC Radio Devon, Express & Echo, Western Morning News, Pulmans View from Sidmouth and in particular the Sidmouth Herald. Our thanks go to all of them.</span></div>
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<span style="font-family: Arial, sans-serif;">We received a significant grant from a government funded agency which allowed us to buy in assistance from expert advisers and we now need to reconcile what we have spent from the grant and to return the balance. We now need to withdraw our funding application for over £100,000 for a capital grant that would have made up the shortfall from the share offer.</span></div>
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<span style="font-family: Arial, sans-serif;">Without the invaluable initial support of the Plunkett Foundation from the very start we would not have been able to construct a meaningful business plan which formed the basis of our share offer.</span></div>
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<span style="font-family: Arial, sans-serif;">In the end the share offer raised £102,250 from 157 investors. This was raised over a period of just over 5 weeks! We think that was a great achievement and showed that the vision for a future Red Lion had significant support. Unfortunately, this wasn’t enough to allow Sidbury Community Enterprises to complete the purchase of the Red Lion. We were clear that £200,000 was the minimum that we needed to raise in order to deliver the vision and the basic refurbishment required.</span></div>
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<span style="font-family: Arial, sans-serif;">Our thanks too must go to all of those who have served on the Steering Group, past and present. Between them they invested a great deal of time, energy and commitment to delivering the vision. Our job, along with them now is to settle outstanding bills associated with the 15 month campaign and to return all of the uncashed cheques to our investors. This we will do over the forthcoming weeks. Their faith in the project was incredible.</span></div>
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<span style="font-family: Arial, sans-serif;">Finally, a big thank you to everyone who has in any way, big or small, contributed to or supported the project to retain the Red Lion as Sidbury’s village pub. And once again we wish Tom Barrington good luck and every success.</span></div>
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<span style="font-family: Arial, sans-serif;">Regards</span></div>
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<span style="font-family: Arial, sans-serif;">Fred Burnett <wbr></wbr> John Loudoun</span></div>
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<span style="font-family: Arial, sans-serif;">Chair <wbr></wbr> Secretary</span></div>
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Anonymoushttp://www.blogger.com/profile/07151360672361761984noreply@blogger.com0tag:blogger.com,1999:blog-1822408440399165909.post-38790040924847844612014-06-13T12:57:00.002+01:002014-06-13T12:57:25.083+01:00An Alternative Kid On The Block<div class="MsoNormal" style="line-height: normal; margin: 0cm 0cm 0pt; text-align: justify;">
<span style="font-family: 'Arial','sans-serif'; font-size: 12pt;">We have been formally advised that Punch Taverns has now accepted an alternative offer to that made and agreed with Sidbury Community Enterprises for the Red Lion. This alternative offer we have been told is at a price that is “no lower” than that agreed with Sidbury Community Enterprises. We make this point because we understand that it has been said, erroneously, locally that the agreed price now accepted was lower than that which was agreed with Sidbury Community Enterprises. This is incorrect.<o:p></o:p></span></div>
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<span style="font-family: 'Arial','sans-serif'; font-size: 12pt;">We are also advised that the only reason why Punch Taverns has now accepted this alternative offer is because Sidbury Community Enterprises was unable, at this stage, to fully fund the purchase of the Red Lion.<o:p></o:p></span></div>
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<span style="font-family: 'Arial','sans-serif'; font-size: 12pt;">We are sure that you will share the disappointment of the Management Committee in this turn of events. It is however perhaps not surprising that Punch Taverns, which has been trying to sell the pub for some 14 months now, has responded to an alternative potential purchaser in this manner. It was perhaps too big an ask to expect Punch Taverns to work with us for a few more months whilst we continued to seek to raise the outstanding balance required to fulfil our business intentions. I am told that Punch Taverns has set the alternative potential purchaser a relatively short completion timescale of 4 to 6 weeks, which would mean that by, approximately the end of July we will know whether we still have the opportunity to purchase the pub.<o:p></o:p></span></div>
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<span style="font-family: 'Arial','sans-serif'; font-size: 12pt;">The Management Committee intend to continue to seek the capital grant and additional investment from potential shareholders that we previously said we would pursue. We appreciate the positive responses received from many investors and Campaign supporters to our proposal to apply for this grant. It is our view that we should continue in this way in case the alternative potential purchaser fails to complete on the sale. We remain committed to Sidbury Community Enterprises’ vision for the pub as a community owned village pub. <o:p></o:p></span></div>
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<span style="font-family: 'Arial','sans-serif'; font-size: 12pt;">Obviously, the Management Committee will keep the situation under review. If the pub is purchased by the alternative potential purchaser then the Management Committee accept that will bring our bid to purchase the Red Lion to a disappointing conclusion. <o:p></o:p></span></div>
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<span style="font-family: 'Arial','sans-serif'; font-size: 12pt;">We will keep you updated as information about the purchase of the Red Lion as matters progress.<o:p></o:p></span></div>
Anonymoushttp://www.blogger.com/profile/07151360672361761984noreply@blogger.com0tag:blogger.com,1999:blog-1822408440399165909.post-60667937521005895432014-06-03T19:13:00.000+01:002014-06-03T19:13:02.269+01:00A Great Response To The Share Offer<div class="MsoNormal" style="line-height: normal; margin: 0cm 0cm 0pt;">
<b style="mso-bidi-font-weight: normal;"><span style="color: red; font-family: 'Arial','sans-serif';">Sidbury Community Enterprises’ share offer has concluded after running for 5 ½ weeks. During this time it distributed share prospectuses across the whole of Sidbury. It also held two public open days in Sidbury village hall where it displayed the refurbishment plans that it had worked up for a future Red Lion business and were able to discuss the detail of the share offer with those who attended. In total around 150 people attended the Open Days and provided great positive feedback on the plans.<o:p></o:p></span></b></div>
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<b style="mso-bidi-font-weight: normal;"><span style="font-family: 'Arial','sans-serif';">Sidbury Community Enterprises’ Chair, Fred Burnett, said <i style="mso-bidi-font-style: normal;">“It has been most heartening to have received investments from more than 150 investors who have provided in excess of £100,000. We are incredibly proud to have raised so much money from such a large number of investors in a relatively short period of time. This, we believe, demonstrates that our vision for retaining the Red Lion has significant support. We always knew that our target to raise £200,000 through the share offer was challenging to say the least”.</i> <o:p></o:p></span></b></div>
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<span style="font-family: 'Arial','sans-serif';">Sidbury Community Enterprises business plan and the premise for the share offer required it to raise at least £200,000. As it did not manage to fully raise this amount through the share offer the Management Committee this weekend met to consider how to respond.<o:p></o:p></span></div>
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<span style="font-family: 'Arial','sans-serif';">The Management Committee reaffirmed that it would only proceed to purchase the Red Lion on the basis of the proposals as set out in its vision statement and in the share offer prospectus. This means that it needs to raise around £133,000 from a mortgage and around £200,000 through shares, short term low loan(s) and donations. In its opinion it do not believe that a viable business could be created from significantly less a total investment.<o:p></o:p></span></div>
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<span style="font-family: 'Arial','sans-serif';">For this reason it is, at this stage, unable to immediately move to purchase the Red Lion. It is however proposing applying for a non-refundable capital grant from Social Investment Business, which is a government funded organisation that supports social enterprises such as Sidbury Community Enterprises. This grant has only become available since it launched its share offer. It proposes applying for a grant of at least £100,000, which is the least that can be applied for, in order to make up the shortfall in the funds that it raised through the share offer.<o:p></o:p></span></div>
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<span style="font-family: 'Arial','sans-serif';">If it is successful in obtaining this grant it would not be paid out until mid September. This would however allow it the opportunity to continue to seek additional investors who could purchase shares or provide it with donations.<o:p></o:p></span></div>
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<span style="font-family: 'Arial','sans-serif';">None of this alters its business plan or vision for a future Red Lion business. It does however mean that the timetable for Sidbury Community Enterprises to purchase the Red Lion would slip until September. <o:p></o:p></span></div>
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<span style="font-family: 'Arial','sans-serif';">The Management Committee also reaffirmed that should it fail to raise a total of around £200,000 from shares, donations and the grant then it would at that point determine that its attempts to purchase the Red Lion had failed. It is not prepared to try to purchase the pub, refurbish it and start trading on a budget that will not deliver a viable business.<o:p></o:p></span></div>
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<b style="mso-bidi-font-weight: normal;"><span style="color: red; font-family: 'Arial','sans-serif';">Sidbury Community Enterprises has written to all those who invested to seek their agreement to this approach. It has determined that it will not cash any investments that have been made either through cheques or on-line until it is clear that it has the full amount of funds required to commence a viable business. It is however confident that its investors will agree with its approach and continue to demonstrate the faith that they have shown in the business plan and proposition to create a community pub in Sidbury, which their investment.<o:p></o:p></span></b></div>
Anonymoushttp://www.blogger.com/profile/07151360672361761984noreply@blogger.com0tag:blogger.com,1999:blog-1822408440399165909.post-66453204616431661552014-05-19T10:12:00.003+01:002014-05-19T10:12:39.128+01:00Final Week Of Share Offer!<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0cm;">
<b><span style="color: red;">We are now in the
final week of the share offer. You still have the opportunity to invest in a future
Red Lion business!<o:p></o:p></span></b></div>
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The vision
for a future Red Lion business is accessible at – <b><u><a href="http://sites.google.com/site/thepubinthevillage/Feb2014VisionStatement.doc">http://sites.google.com/site/thepubinthe
village/Feb2014VisionStatement.doc<o:p></o:p></a></u></b></div>
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To purchase
shares download the share prospectus at – <b><a href="http://sites.google.com/site/thepubinthevillage/SCELShareProspectus.pdf">http://sites.google.com/site/thepubinthevillage/SCELShareProspectus.pdf</a></b><span style="color: #0070c0;"><o:p></o:p></span></div>
Anonymoushttp://www.blogger.com/profile/07151360672361761984noreply@blogger.com0tag:blogger.com,1999:blog-1822408440399165909.post-9003550940997615692014-05-14T11:04:00.002+01:002014-05-14T11:04:16.712+01:00Still Time To Purchase Shares<div class="MsoNormal" style="margin: 0cm 0cm 10pt;">
<span style="font-family: 'Arial','sans-serif';">As we move towards the final week of the community share offer a reminder that the share prospectus can be downloaded at -<b style="mso-bidi-font-weight: normal;"><u><span style="color: #0070c0;"><a href="http://sites.google.co/site/thepubinthevillage/SCELShareProspectus.pdf"><span style="color: blue;">http:/sites.google.co/site/thepubinthevillage/SCELShareProspectus.pdf</span></a></span></u></b>.<o:p></o:p></span></div>
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<span style="font-family: 'Arial','sans-serif';">The share offer closes on 23 May and so cheques and completed share application forms should be sent in now.<o:p></o:p></span></div>
Anonymoushttp://www.blogger.com/profile/07151360672361761984noreply@blogger.com0tag:blogger.com,1999:blog-1822408440399165909.post-41904267526729999612014-05-07T18:25:00.003+01:002014-05-07T18:25:56.608+01:00Latest Pulmans View From Sidmouth Share Offer Open Day Report<div class="MsoNormal" style="line-height: normal; margin: 0cm 0cm 10pt;">
<b style="mso-bidi-font-weight: normal;"><span style="color: red; font-family: 'Arial','sans-serif';">This week’s local freebie newspaper Pulmans View from Sidmouth carries a report of the first share offer Open Day held on 28 April in a report on page 4 entitled “Residents respond to pub campaign appeal”.<o:p></o:p></span></b></div>
<b style="mso-bidi-font-weight: normal;"><span style="font-family: 'Arial','sans-serif'; font-size: 11pt; line-height: 115%; mso-ansi-language: EN-GB; mso-bidi-language: AR-SA; mso-fareast-font-family: Calibri; mso-fareast-language: EN-US; mso-fareast-theme-font: minor-latin;">You can read the article at -</span></b><span style="font-family: 'Arial','sans-serif'; font-size: 11pt; line-height: 115%; mso-ansi-language: EN-GB; mso-bidi-language: AR-SA; mso-fareast-font-family: Calibri; mso-fareast-language: EN-US; mso-fareast-theme-font: minor-latin;"> <b style="mso-bidi-font-weight: normal;"><u><span style="color: #9bbb59; mso-themecolor: accent3;"><a href="http://edition.pagesuite-professional.co.uk/launch.aspx?pbid=b553c14a-f023-4ec6-a5ac-b9d745b0d550"><span style="color: #9bbb59; mso-themecolor: accent3;">http://edition.pagesuite-professional.co.uk/launch.aspx?pbid=b553c14a-f023-4ec6-a5ac-b9d745b0d550</span></a></span></u></b></span>Anonymoushttp://www.blogger.com/profile/07151360672361761984noreply@blogger.com0tag:blogger.com,1999:blog-1822408440399165909.post-37792770219123927502014-05-07T18:09:00.003+01:002014-05-07T18:09:48.887+01:00Great Second Share Offer Open Day<span style="font-family: 'Arial','sans-serif';">Great interest has been shown in Sidbury Community Enterprises’ community share offer to purchase the Red Lion Inn in Sidbury. It has held two share offer Open Days in the past fortnight where around 150 people came along to Sidbury Village Hall to speak to campaigners about the share offer and their plans for a future Red Lion business.</span><br />
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<span style="font-family: 'Arial','sans-serif';">On the second Open Day, held on 3 May, a number of residents brought along completed share offer application forms and presented supporting cheques. The interest in the share offer has clearly increased as a result of what residents have seen and heard at the Open Days.</span><br />
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<span style="font-family: 'Arial','sans-serif';">At the Open Days residents were able to view not only the architect, Simon Spence’s latest plans to alter and upgrade the Red Lion, but also to see 3D computer generated drawings of how these proposals would alter the pub. In addition residents, who came not only from the village, but also from Sidford and Sidmouth, were able to see artist’s impressions of how the inside of the pub’s bar and restaurant areas would look like.</span><br />
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<span style="font-family: 'Arial','sans-serif';">Commenting upon the success of the two Open Days, Sidbury Community Enterprises Chair Fred Burnett said – <i style="mso-bidi-font-style: normal;">“We were greatly encouraged by the numbers of those who took the time to come and have a look at what Sidbury Community Enterprises is proposing to do to alter the Red Lion. The feedback was incredibly positive and we have taken way a few comments from those who attended as we think that they can enhance our proposals.”<u1:p></u1:p></i></span><br />
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<span style="font-family: 'Arial','sans-serif';">Fred Burnett concluded- <i style="mso-bidi-font-style: normal;">“I was surprised that some people came along with their cheque books and completed share application forms. One person even took away 6 application forms to share out amongst a group that they belong to.”<u1:p></u1:p></i></span><br />
<br />
<span style="font-family: 'Arial','sans-serif';">Prospective investors in the purchase of the Red Lion still have until 23 May to buy shares.</span><br />
Anonymoushttp://www.blogger.com/profile/07151360672361761984noreply@blogger.com0tag:blogger.com,1999:blog-1822408440399165909.post-15372156368923695322014-05-01T10:58:00.001+01:002014-05-01T10:58:59.093+01:00Second Open Day - 3 May<div class="MsoNormal" style="margin-bottom: 6pt;">
<b><span style="color: red;">The second share
offer Open Day is being held in Sidbury Village Hall this Saturday, 3 May. The
Open Day is from 10.00 am until 4.00 pm.<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: 6pt;">
<b>It is an opportunity to come along and have
a look at the plans for altering and refurbishing the Red Lion. The architect
who has been working on these plans for Sidbury Community Enterprises will be
at the Open Day over the lunchtime</b>. <b>A
computer generated drawing of how the pub might look is set out below.<o:p></o:p></b></div>
<br />
<div class="MsoNormal" style="margin-bottom: 6pt;">
<b><span style="color: red;">Come along and have
a look at the plans, ask about what sort of pub we want the Red Lion to be in
the future and ask questions about the share offer.</span></b></div>
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<b><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjEQL2OzMFNuM2Ni0v_XvTqqoK-aMt0RVfffV8ZQaX97ugjh0yy0fuCG_ivnKxEHqw_L4eGUsK90vF38xkpruSSEuTh4VFTN_ng7BD0CJGS__vjuqBiSrAmAg19B42iByPWZfHtSRBJf5ti/s1600/25.4.14GFPlanImage.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjEQL2OzMFNuM2Ni0v_XvTqqoK-aMt0RVfffV8ZQaX97ugjh0yy0fuCG_ivnKxEHqw_L4eGUsK90vF38xkpruSSEuTh4VFTN_ng7BD0CJGS__vjuqBiSrAmAg19B42iByPWZfHtSRBJf5ti/s1600/25.4.14GFPlanImage.jpg" height="182" width="400" /></a></b></div>
<b><o:p></o:p></b>Anonymoushttp://www.blogger.com/profile/07151360672361761984noreply@blogger.com0tag:blogger.com,1999:blog-1822408440399165909.post-34208814903207121292014-04-28T20:58:00.003+01:002014-04-28T21:11:29.373+01:00Some Frequently Asked Share Offer Questions<div class="MsoNormal">
<b><span style="color: red; font-family: "Arial","sans-serif";">With the share offer
underway some questions have been asked which we think are worth sharing in
case they are going through your mind too!<o:p></o:p></span></b></div>
<div class="MsoNormal">
<b><span style="color: red; font-family: "Arial","sans-serif";"><br /></span></b></div>
<div class="MsoNormal">
<b><i><span style="font-family: "Arial","sans-serif";">Why did
you start this Campaign?</span></i></b><i><span style="font-family: "Arial","sans-serif";"> </span></i><span style="font-family: "Arial","sans-serif";">In April 2013 the pub’s owner put the
pub up for sale. Many local residents were concerned that this could lead to
the pub being bought by someone who might have wanted to turn it into a house
or flats. Others were concerned that if it could not be sold then the owner,
Punch Taverns, might just leave the property empty.<o:p></o:p></span></div>
<div class="MsoNormal">
<span style="font-family: "Arial","sans-serif";"><br /></span></div>
<div class="MsoNormal">
<span style="font-family: "Arial","sans-serif";">The Campaign
to retain the pub started on 19 May after over 60 residents met and
agreed to start the Campaign. The Steering Group which has run the Campaign was
voted in at that meeting. The consensus at the meeting was that we had to do
all that we could to retain the pub.<o:p></o:p></span></div>
<div class="MsoNormal">
<span style="font-family: "Arial","sans-serif";"><br /></span></div>
<div class="MsoNormal">
<b><i><span style="font-family: "Arial","sans-serif";">Why did
you decide to try to buy the Red Lion?</span></i></b><i><span style="font-family: "Arial","sans-serif";"> </span></i><span style="font-family: "Arial","sans-serif";">After
about 6 months of campaigning to retain the pub it was very clear that there
was no one who had approached the estate agent with an interest in buying the
pub. So the Steering Group decided that it ought to investigate whether it
could realistically buy it as a community pub. This was explained at the public
meeting in mid-September.<o:p></o:p></span></div>
<div class="MsoNormal">
<span style="font-family: "Arial","sans-serif";"><br /></span></div>
<div class="MsoNormal">
<span style="font-family: "Arial","sans-serif";">Even when we
reached an agreement in mid-March with Punch Taverns to buy the pub it was
clear that no one else had taken steps to try to buy the pub. We could have sat
back and done nothing. If we had then we could have been criticised for
possibly allowing the pub to close.<o:p></o:p></span></div>
<div class="MsoNormal">
<span style="font-family: "Arial","sans-serif";"><br /></span></div>
<div class="MsoNormal">
<b><i><span style="font-family: "Arial","sans-serif";">Why do
you think that you can make a go of the Red Lion as a successful business when
others haven’t in recent times? </span></i></b><span style="font-family: "Arial","sans-serif";">We think that there are a number of reasons why the pub
has not been as successful as it perhaps could have been in recent times. The
two main reasons are that the pub has not had any meaningful investment made in
it and there has not been a vision for developing the pub.<o:p></o:p></span></div>
<div class="MsoNormal">
<span style="font-family: "Arial","sans-serif";"><br /></span></div>
<div class="MsoNormal">
<span style="font-family: "Arial","sans-serif";">This is why
we have taken a lot of time to employ professional advisers and those who
understand the local pub trade to advise us. We have determined, through our
published Vision Statement, what we want the pub to be in the future, and we
have committed to investing over £100,000 into altering and refurbishing the
pub. It is a long time since this sort of money was spent on it. We believe
that by having worked all of this through we can create a pub business that
customers will want to regularly support.<o:p></o:p></span></div>
<div class="MsoNormal">
<span style="font-family: "Arial","sans-serif";"><br /></span></div>
<div class="MsoNormal">
<b><i><span style="font-family: "Arial","sans-serif";">What
does a community orientated and owned pub really mean?</span></i></b><span style="font-family: "Arial","sans-serif";"> The vision is for the Red Lion
to be more than just the village pub. We want to use it to do things that the
village can use. This includes creating a café during the morning and
afternoons. There is nothing like this in the village. We envisage it being
open at lunchtimes as a pub and therefore it will be able to sell lunches.
Again, this is not available 7 days a week in the village.<o:p></o:p></span></div>
<div class="MsoNormal">
<span style="font-family: "Arial","sans-serif";"><br /></span></div>
<div class="MsoNormal">
<span style="font-family: "Arial","sans-serif";">We will also
try to maximise the use of the whole of the pub during the daytime and the
evenings. In particular we think that the skittle alley, when it is not being
used for skittle games, can be offered for community related activities e.g. a
mother and toddler club or a youth club. Perhaps we can provide a service where
you can collect (and possibly send) your parcels to and from companies such as
Amazon etc.<o:p></o:p></span></div>
<div class="MsoNormal">
<span style="font-family: "Arial","sans-serif";"><br /></span></div>
<div class="MsoNormal">
<span style="font-family: "Arial","sans-serif";">So, it will
be community orientated as the pub will be offered for wider community use and
it will be community owned through a wide share ownership. One thing it won’t
be is community run! It will be run on a day to day basis by a professional
landlord/landlady.<o:p></o:p></span></div>
<div class="MsoNormal">
<span style="font-family: "Arial","sans-serif";"><br /></span></div>
<div class="MsoNormal">
<b><i><span style="font-family: "Arial","sans-serif";">Aren’t
you going to turn the Red Lion into a “gastro” pub? </span></i></b><span style="font-family: "Arial","sans-serif";"> We are not going to turn the Red
Lion into a “gastro” pub. We believe that customers want to eat food that is of
good quality in a real village pub environment. By committing to producing good
quality locally sourced food does not mean “gastro”. We believe that providing
good quality meat, game, fish and vegetables doesn’t have to be the same as
providing a “gastro” menu.<o:p></o:p></span></div>
<div class="MsoNormal">
<span style="font-family: "Arial","sans-serif";"><br /></span></div>
<div class="MsoNormal">
<span style="font-family: "Arial","sans-serif";">We want to
retain a broad set of customers who want to keep coming to eat and drink in the
pub. This has been done before in the Red Lion and can be done again.<o:p></o:p></span></div>
<div class="MsoNormal">
<span style="font-family: "Arial","sans-serif";"><br /></span></div>
<div class="MsoNormal">
<b><i><span style="font-family: "Arial","sans-serif";">What
will happen to the existing Red Lion landlord if you buy the pub?</span></i></b><span style="font-family: "Arial","sans-serif";"> Punch Taverns told us some time
ago that the landlord had been informed that if the pub was sold (to anyone)
then his tenancy would come to an end. We are told that this is normal practice. If Sidbury
Community Enterprises buys the Red Lion then it will probably close it for a
short while in order to refurbish it and will then look to employ a tenant to
run the pub. Anyone will be able to apply to be the tenant at that point.<o:p></o:p></span></div>
<div class="MsoNormal">
<span style="font-family: "Arial","sans-serif";"><br /></span></div>
<div class="MsoNormal">
<b><i><span style="font-family: "Arial","sans-serif";">Why
will you close the pub once you buy it?</span></i></b><span style="font-family: "Arial","sans-serif";"> Alterations to the pub are needed to make better
use of the space and refurbishment of the property throughout is required. We
plan to spend about £100,000 on this in the first instance. No significant
investment in the pub has been made by any owner for many years and the pub,
like all properties, needs a bit of TLC.<o:p></o:p></span></div>
<div class="MsoNormal">
<span style="font-family: "Arial","sans-serif";"><br /></span></div>
<br />
<div class="MsoNormal">
<b><span style="color: red; font-family: "Arial","sans-serif";">If you have any questions
about the share offer or the plans for a future Red Lion business please don’t
hesitate to pose them to us.<o:p></o:p></span></b></div>
Anonymoushttp://www.blogger.com/profile/07151360672361761984noreply@blogger.com0tag:blogger.com,1999:blog-1822408440399165909.post-17679087273643865292014-04-25T18:30:00.000+01:002014-04-25T18:32:34.124+01:00Today's Successful First Share Offer Open Day<b>Almost 70 residents from Sidbury, Sidford & Sidmouth came along to today's first of two Share Offer Open Days in Sidbury Village Hall. Great to get such positive feedback to the architect's plans, computer generated illustrations and artist's impressions of the planned refurbishment to the Red Lion which Sidbury Community Enterprises would undertake.</b><br />
<b><br />The next Open Day will be held in the Village Hall on Saturday 3 May (10.00 am - 4.00 pm).</b><br />
<b><br /></b><b>If we can work out how to upload our photos these will follow!</b>Anonymoushttp://www.blogger.com/profile/07151360672361761984noreply@blogger.com0tag:blogger.com,1999:blog-1822408440399165909.post-35767480496576549662014-04-23T14:09:00.001+01:002014-04-23T14:09:13.090+01:00Share Offer Open Days - 25 April & 3 May<div align="center" class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: center;">
<b><span style="color: red; font-size: 18.0pt; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";"><span style="font-family: Arial, Helvetica, sans-serif;">Sidbury Community Enterprises Share Offer<o:p></o:p></span></span></b></div>
<div align="center" class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: center;">
<b><span style="color: red; font-size: 18.0pt; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";"><span style="font-family: Arial, Helvetica, sans-serif;">Open Days - 25 April & 3 May</span><o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-size: 12.0pt; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";"><span style="font-family: Arial, Helvetica, sans-serif;">To support Sidbury Community
Enterprises’ community share offer to purchase the Red Lion in Sidbury, it is
holding two Open Days on Friday 25 April and Saturday 3 May. The Open days will
be held between 10.00am and 4.00pm in Sidbury Village Hall.<o:p></o:p></span></span></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-size: 12.0pt; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";"><span style="font-family: Arial, Helvetica, sans-serif;">The Open Days will allow residents and
prospective investors to discuss the share offer, which has a target of raising
at least £200,000 by 23 May, and to see what refurbishments Sidbury Community
Enterprises are planning to undertake at the Red Lion.<o:p></o:p></span></span></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-size: 12.0pt; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";"><span style="font-family: Arial, Helvetica, sans-serif;">Sidbury Community Enterprises have
commissioned an architect to create drawings and floor plans which will both
upgrade the pub and to redesign key parts of its ground floor bar and
restaurant areas. A copy of one of the architect’s drawings showing a potential
redesign proposal is attached for use in your newspaper.<o:p></o:p></span></span></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-family: Arial, Helvetica, sans-serif;"><b><i><span style="font-size: 12.0pt; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";">Sidbury Community Enterprises’ Chair
Fred Burnett said – </span></i></b><span style="font-size: 12.0pt; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";">“these two Open Days
will give the public an opportunity to fully understand why we are trying to
raise funds through this community share offer and to also see what our ideas
are for upgrading and redesigning the public areas of the Red Lion. We are
incredibly enthused with the proposals for how we can redesign the pub and we
hope that these Open Days will also enthuse people in Sidbury and the Sid
Valley to support our share offer and to become investors in this unique and
exciting venture to give the Red Lion back its roar”.<o:p></o:p></span></span></div>
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<br /></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-family: Arial, Helvetica, sans-serif;"><b><i><span style="font-size: 12.0pt; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";">Fred Burnett added – </span></i></b><span style="font-size: 12.0pt; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";">“Anyone who is interested in understanding more about how
our village pub could be improved and how Sidbury Community Enterprises intends
to develop the Red Lion and support our local community is very welcome to
attend these Open Days. If they also bring their cheque books and purchase
shares then that will be a real and much welcomed bonus”.<o:p></o:p></span></span></div>
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<br /></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-size: 12.0pt; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";"><span style="font-family: Arial, Helvetica, sans-serif;">At the two Open days there will be
architect’s floor plans and drawings showing some ideas as to how the Red Lion
could be refurbished and redesigned. In addition there also will be various
artist impressions as to how the Red Lion might look in the future after it has
been upgraded.<o:p></o:p></span></span></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<br /></div>
<span style="font-size: 12pt; line-height: 115%;"><span style="font-family: Arial, Helvetica, sans-serif;">Also
at the Open Days will be the architect who Sidbury Community Enterprises has
commissioned, and also present will be the carpenter who has designed the
replacement windows that the Red Lion will have as part of its upgrade.</span></span>Anonymoushttp://www.blogger.com/profile/07151360672361761984noreply@blogger.com0tag:blogger.com,1999:blog-1822408440399165909.post-52881356225724949512014-04-22T10:16:00.000+01:002014-04-22T10:16:08.299+01:00No Expenses Spared Launch Of Share Offer!<div class="MsoNormal" style="line-height: normal; margin: 0cm 0cm 0pt;">
<span style="font-family: Arial;">Some of the Management Committee of Sidbury Community Enterprises launching the share offer –</span></div>
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhiSbg861A_z0QqK-eZ0JZyNeUqV87_gVIfU9e47o1VONv4fVBRgMOMV0fmI1L9y22WMLAyke9sBwA2K9k_WJDGBmJo9KIUadoZ8l16_Os8totlW3oNS7f9NhGz-3eLpZiEqR1f4_E8zmaF/s1600/14.4.14SCELManComShareLaunch.jpeg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" closure_lm_992518="null" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhiSbg861A_z0QqK-eZ0JZyNeUqV87_gVIfU9e47o1VONv4fVBRgMOMV0fmI1L9y22WMLAyke9sBwA2K9k_WJDGBmJo9KIUadoZ8l16_Os8totlW3oNS7f9NhGz-3eLpZiEqR1f4_E8zmaF/s1600/14.4.14SCELManComShareLaunch.jpeg" height="297" uta="true" width="400" /></a></div>
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Anonymoushttp://www.blogger.com/profile/07151360672361761984noreply@blogger.com0tag:blogger.com,1999:blog-1822408440399165909.post-54644208709460789122014-04-22T10:14:00.001+01:002014-04-22T10:14:41.424+01:00More BBC Interest In Share Offer Launch<div class="MsoNormal" style="line-height: normal; margin: 0cm 0cm 0pt;">
<span style="font-family: Arial;">Sidbury Community Enterprises share launch on 14 April was meant to have been reported in BBC TV West’s evening Spotlight programme. In preparation for this we were interviewed that morning in Sidbury by the BBC’s reporter Lee Rundell. We were also meant to be interviewed live on BBC TV West’s lunchtime news programme but unfortunately the reporter and cameraman had to go to Tiverton to cover the breaking story of a fire in a pub there that is up for sale! What irony!</span></div>
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<span style="font-family: Arial;">So, all that we have left are our memories. Here’s Sidbury Community Enterprises Chair Fred Burnett being interviewed by Lee –</span></div>
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Anonymoushttp://www.blogger.com/profile/07151360672361761984noreply@blogger.com0tag:blogger.com,1999:blog-1822408440399165909.post-28020192644175056032014-04-16T13:39:00.000+01:002014-04-19T13:35:19.693+01:00BBC Interest In Share Offer Launch<div class="MsoNormal" style="line-height: normal; margin: 0cm 0cm 0pt;">
<span style="font-family: Arial;">Sidbury Community Enterprises share launch on 14 April was carried extensively on BBC Radio Devon, with a live interview being conducted from the radio station’s Exeter studios at around 8.15am. This is the studio that the interview came from –</span></div>
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Anonymoushttp://www.blogger.com/profile/07151360672361761984noreply@blogger.com0tag:blogger.com,1999:blog-1822408440399165909.post-28384936251910738272014-04-16T12:33:00.003+01:002014-04-16T12:33:56.888+01:002 Ways To Buy Sidbury Community Enterprises Shares<div class="MsoNormal" style="line-height: normal; margin: 0cm 0cm 0pt;">
<b style="mso-bidi-font-weight: normal;"><span style="color: red;"><span style="font-family: Arial;">Sidbury Community Enterprises shares to fund the community purchase of the Red Lion can be bought securely online at –<o:p></o:p></span></span></b></div>
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<b style="mso-bidi-font-weight: normal;"><u><a href="http://www.microgenius.org.uk/project/red-lion-inn-sidbury-east-devon-21"><span style="font-family: Arial;">http://www.microgenius.org.uk/project/red-lion-inn-sidbury-east-devon-21</span></a><o:p></o:p></u></b></div>
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<span style="font-family: Arial;">No money will be debited from your bank account until the share offer has successfully reached its target figure. </span></div>
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<span style="font-family: Arial;">You can also send a cheque made payable to “Sidbury Community Enterprises Limited” to – The Treasurer, Sidbury Community Enterprises, West Barn, Northcombe Farm, Salcombe Regis, EX1- 0JQ. Your cheque will not be cashed until the share offer has successfully reached its target figure. </span></div>
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<span style="font-family: Arial;">Don’t delay, invest today!</span></div>
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<b style="mso-bidi-font-weight: normal;"><span style="color: red;"><span style="font-family: Arial;">Help to give the Red Lion back its roar!<o:p></o:p></span></span></b></div>
Anonymoushttp://www.blogger.com/profile/07151360672361761984noreply@blogger.com0tag:blogger.com,1999:blog-1822408440399165909.post-57012080565905948122014-04-14T06:05:00.000+01:002014-04-14T06:05:11.988+01:00Today - Share Offer Launched To Buy Red Lion<b style="mso-bidi-font-weight: normal;"><span style="color: red; font-family: 'Arial','sans-serif'; font-size: 16pt;">Sidbury Community Enterprises Launches Community Share Offer! £200,000 Share Offer Target</span></b><span style="font-family: 'Arial','sans-serif';"><o:p></o:p></span><br />
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<b style="mso-bidi-font-weight: normal;"><span style="font-family: 'Arial','sans-serif';">Sidbury Community Enterprises has set a share offer target which it needs to hit within 5 weeks in order to purchase the Red Lion Inn, in picturesque Sidbury village in East Devon. If it achieves its target Sidbury Community Enterprises will be the first community owned pub within East Devon which under the 2012 Localism Act has been listed as an Asset of Community Value. </span></b><span style="font-family: 'Arial','sans-serif';"><o:p></o:p></span><br />
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<b style="mso-bidi-font-weight: normal;"><span style="font-family: 'Arial','sans-serif';">Sidbury Community Enterprises has today launched a £200,000 community share offer that closes on 23 May, and has also published its community share offer prospectus <u><span style="color: #7030a0;"><a href="http://sites.google.com/site/thepubinthevillage/SCELShareProspectus.pdf"><span style="color: blue;">http://sites.google.com/site/thepubinthevillage/SCELShareProspectus.pdf</span></a></span></u></span></b><span style="font-family: 'Arial','sans-serif';">.<b style="mso-bidi-font-weight: normal;"> </b><o:p></o:p></span><br />
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<b style="mso-bidi-font-weight: normal;"><span style="color: red; font-family: 'Arial','sans-serif';">Sidbury Community Enterprises is determined to give the Red Lion back its roar!</span></b><span style="font-family: 'Arial','sans-serif';"><o:p></o:p></span><br />
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<span style="font-family: 'Arial','sans-serif';">Save The Red Lion Campaign has been campaigning for the past 11 months to ensure that the Red Lion is retained as it is the only remaining pub in Sidbury for the local community. To support this, last November the Campaign registered Sidbury Community Enterprises as a community benefit limited company which could purchase the Red Lion.<o:p></o:p></span><br />
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<span style="font-family: 'Arial','sans-serif';">Before Sidbury Community Enterprises felt confident enough to make an offer to purchase the pub it invested time, energy and some limited funds in creating a business plan that demonstrates that the Red Lion can be turned into a successful village pub. As part of its business planning process Sidbury Community Enterprises employed a property valuer, a building surveyor a quantity surveyor and an architect. This was to ensure that it knew what the realistic sale price really was, as well as identifying what work is required to be undertaken to upgrade and improve the property and the costs associated with these works.<o:p></o:p></span><br />
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<span style="font-family: 'Arial','sans-serif';">At the same time Sidbury Community Enterprises worked through with both a business adviser and pub trade professionals the potential income, expenditure and profitability of a future Red Lion business. Sidbury Community Enterprises also produced its vision for a future Red Lion which we produced and widely circulated in February (accessible at) <b style="mso-bidi-font-weight: normal;"><u><span style="color: #002060;"><a href="http://sites.google.com/site/thepubinthevillage/Feb2014VisionStatement.doc"><span style="color: blue;">http://sites.google.com/site/thepubinthevillage/Feb2014VisionStatement.doc</span></a></span></u></b><span style="color: #002060;">.</span> <o:p></o:p></span><br />
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<span style="font-family: 'Arial','sans-serif';">As a result of all of this work Sidbury Community Enterprises is confident that it has a sound business plan <b style="mso-bidi-font-weight: normal;"><u><span style="color: #7030a0;"><a href="http://sites.google.com/site/thepubinthevillage/SCELBusinessPlan.pdf">http://sites.google.com/site/thepubinthevillage/SCELBusinessPlan.pdf </a> </span></u></b>that will return the Red Lion to being a successful and much used village pub. The Red Lion will trade on quality beverages, food and accommodation. It will also introduce greater opportunities for customers to enjoy it, and we will introduce a cafe within the pub providing a much needed additional local facility.<o:p></o:p></span><br />
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<b style="mso-bidi-font-weight: normal;"><span style="font-family: 'Arial','sans-serif';">Sidbury Community Enterprises’ Chair Fred Burnett, in launching the community share offer, said –</span></b><span style="font-family: 'Arial','sans-serif';"> “We have a vision that a future Red Lion business will be more than just a successful village pub. Since the outset of the campaign to retain the Red Lion the objective has been to retain it as a community asset. Our vision shows that we want the pub to be at the heart of the community. We want to support and work with local community groups and events. We also want to use the pub as a base from which new services can be provided to the community. Being a community centred pub is key to our ethos and future success”.<o:p></o:p></span><br />
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<span style="font-family: 'Arial','sans-serif';">The Red Lion’s owner Punch Taverns has agreed to sell the pub to Sidbury Community Enterprises freehold for £190,000, which is significantly below its asking price of £295,000. <o:p></o:p></span><br />
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<span style="font-family: 'Arial','sans-serif';">In order to afford to purchase the Red Lion, as well as to refurbish it and provide for the new business’s start up costs, Sidbury Community Enterprises will need to obtain a mortgage and raise funds through a community share offer. <o:p></o:p></span><br />
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<span style="font-family: 'Arial','sans-serif';">Sidbury Community Enterprises is in the process of obtaining a mortgage and so we are now turning our attention to raising the funds required from the community share offer. This share offer needs to raise at least £200,000. We say “at least” because if we do not manage to raise this full amount then it is highly unlikely that we will proceed with the purchase of the Red Lion. The total amount of funds required to purchase, refurbish and provide the start up costs have been set at a level which Sidbury Community Enterprises believes are the minimum required to realistically create a viable business. Hence the reason why we have set a minimum amount that we need to arise through the share offer.<o:p></o:p></span><br />
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<span style="font-family: 'Arial','sans-serif';">If the share offer exceeds its minimum target then Sidbury Community Enterprises will consider either reducing the size of its mortgage or increasing the refurbishment works that it can undertake.<o:p></o:p></span><br />
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<span style="font-family: 'Arial','sans-serif';">To promote the share offer Sidbury Community Enterprises is holding two open days in Sidbury Village Hall on Friday 25 April and Saturday 3 May. <o:p></o:p></span><br />
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<span style="font-family: 'Arial','sans-serif';">These will be opportunities for the local community and anyone interested in this community venture to find out more about the share offer, as well as an opportunity to better understand what Sidbury Community Enterprises intends to do with the Red Lion. We hope to have some initial illustrations of how we intend to alter parts of the pub’s interior. So please come along if you can.<o:p></o:p></span><br />
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<span style="font-family: 'Arial','sans-serif';">We are asking all those who visit this site to invest in this exciting community venture. The share offer is open for just under 5 weeks, closing on Friday 23 May. Details about the offer are set out in the prospectus. As issues arise we will be posting answers to frequently asked questions on our blog <b style="mso-bidi-font-weight: normal;"><u><a href="http://thepubinthevillage.blogspot.com/"><span style="color: blue;">http://thepubinthevillage.blogspot.com</span></a></u></b>, so keep visiting it during the period of the share offer.<o:p></o:p></span><br />
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<span style="font-family: 'Arial','sans-serif';">Please also let you family and friends know about Sidbury Community Enterprises’ plans for a future Red Lion and, if you are as enthusiastic about this community venture as we are, encourage them to invest, as every £50 (or more) counts! If there is anything in relation to the share offer or the plans for a future Red Lion business that you want to know, then there are contact details within the share offer prospectus. Do not hesitate to contact us.<o:p></o:p></span><br />
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<b style="mso-bidi-font-weight: normal;"><span style="color: red; font-family: 'Arial','sans-serif'; mso-fareast-font-family: Calibri; mso-fareast-language: EN-US;">Together we can give the Red Lion back its roar!</span></b><span style="font-family: 'Arial','sans-serif';"><o:p></o:p></span><br />
Anonymoushttp://www.blogger.com/profile/07151360672361761984noreply@blogger.com0tag:blogger.com,1999:blog-1822408440399165909.post-77624757210807117292014-04-13T08:00:00.000+01:002014-04-13T08:00:31.710+01:00Share Offer Launch Countdown - 1 Day!<div class="MsoNormal" style="margin: 0cm 0cm 0pt;">
<b style="mso-bidi-font-weight: normal;"><span style="color: red; font-size: 18pt; line-height: 115%;"><span style="font-family: Arial;">Countdown to Sidbury Community Enterprises’ community share offer launch on 14 April 2014 <span style="mso-bidi-font-weight: bold;">to purchase the Red Lion Inn, Sidbury, East Devon </span>- <o:p></o:p></span></span></b></div>
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<b style="mso-bidi-font-weight: normal;"><span style="color: yellow; font-size: 72pt;"><span style="font-family: Arial;">1 Day <o:p></o:p></span></span></b></div>
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<span style="font-family: Wingdings; font-size: 16pt; line-height: 115%; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;"><span style="mso-list: Ignore;">v<span style="font: 7pt 'Times New Roman';"> </span></span></span><b style="mso-bidi-font-weight: normal;"><span style="font-size: 16pt; line-height: 115%;"><span style="font-family: Arial;">Share offer prospectuses will be delivered to residents across Sidbury <o:p></o:p></span></span></b></div>
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<span style="font-family: Wingdings; font-size: 16pt; line-height: 115%; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;"><span style="mso-list: Ignore;">v<span style="font: 7pt 'Times New Roman';"> </span></span></span><b style="mso-bidi-font-weight: normal;"><span style="font-size: 16pt; line-height: 115%;"><span style="font-family: Arial;">Share offer closes 23 May<o:p></o:p></span></span></b></div>
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<span style="font-family: Wingdings; font-size: 16pt; line-height: 115%; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;"><span style="mso-list: Ignore;">v<span style="font: 7pt 'Times New Roman';"> </span></span></span><b style="mso-bidi-font-weight: normal;"><span style="font-size: 16pt; line-height: 115%;"><span style="font-family: Arial;">Shares can be bought in £50 denominations<o:p></o:p></span></span></b></div>
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<span style="font-family: Wingdings; font-size: 16pt; line-height: 115%; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;"><span style="mso-list: Ignore;">v<span style="font: 7pt 'Times New Roman';"> </span></span></span><b style="mso-bidi-font-weight: normal;"><span style="font-size: 16pt; line-height: 115%;"><span style="font-family: Arial;">Come to the Share offer Open Days:<o:p></o:p></span></span></b></div>
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<span style="font-family: Wingdings; font-size: 16pt; line-height: 115%; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;"><span style="mso-list: Ignore;">Ø<span style="font: 7pt 'Times New Roman';"> </span></span></span><b style="mso-bidi-font-weight: normal;"><span style="font-size: 16pt; line-height: 115%;"><span style="font-family: Arial;">Sidbury Village Hall<o:p></o:p></span></span></b></div>
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<span style="font-family: Wingdings; font-size: 16pt; line-height: 115%; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;"><span style="mso-list: Ignore;">Ø<span style="font: 7pt 'Times New Roman';"> </span></span></span><b style="mso-bidi-font-weight: normal;"><span style="font-size: 16pt; line-height: 115%;"><span style="font-family: Arial;">Friday 25 April<o:p></o:p></span></span></b></div>
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<span style="font-family: Wingdings; font-size: 16pt; line-height: 115%; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;"><span style="mso-list: Ignore;">Ø<span style="font: 7pt 'Times New Roman';"> </span></span></span><b style="mso-bidi-font-weight: normal;"><span style="font-size: 16pt; line-height: 115%;"><span style="font-family: Arial;">Saturday 3 May<o:p></o:p></span></span></b></div>
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<span style="font-family: Wingdings; font-size: 16pt; line-height: 115%; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;"><span style="mso-list: Ignore;">Ø<span style="font: 7pt 'Times New Roman';"> </span></span></span><b style="mso-bidi-font-weight: normal;"><span style="font-size: 16pt; line-height: 115%;"><span style="font-family: Arial;">10.00 am – 4.00pm<o:p></o:p></span></span></b></div>
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<span style="font-family: Wingdings; font-size: 16pt; line-height: 115%; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;"><span style="mso-list: Ignore;">v<span style="font: 7pt 'Times New Roman';"> </span></span></span><b style="mso-bidi-font-weight: normal;"><span style="font-size: 16pt; line-height: 115%;"><span style="font-family: Arial;">Your opportunity to give the Red Lion Back its roar!<o:p></o:p></span></span></b></div>
<b style="mso-bidi-font-weight: normal;"><span style="font-family: 'Arial','sans-serif'; font-size: 16pt; line-height: 115%; mso-ansi-language: EN-GB; mso-bidi-language: AR-SA; mso-fareast-font-family: Calibri; mso-fareast-language: EN-US;">Detail at <u><span style="color: red;"><a href="http://thepubinthevillage.blogspot.com/"><span style="color: blue;">http://thepubinthevillage.blogspot.com</span></a></span></u></span></b>Anonymoushttp://www.blogger.com/profile/07151360672361761984noreply@blogger.com0tag:blogger.com,1999:blog-1822408440399165909.post-39302083321986016692014-04-12T08:59:00.000+01:002014-04-12T08:59:49.612+01:00Share Offer Launch Countdown - 2 Days!<b style="mso-bidi-font-weight: normal;"><span style="color: red; font-family: 'Arial','sans-serif'; font-size: 18pt;">Countdown to Sidbury Community Enterprises’ community share offer launch on 14 April 2014<span style="mso-bidi-font-weight: bold;"> to purchase the Red Lion Inn, Sidbury, East Devon </span><span style="mso-spacerun: yes;"> </span><span style="mso-spacerun: yes;"> </span>- </span></b><br />
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<span style="font-family: Wingdings; font-size: 16pt; line-height: 115%; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;"><span style="mso-list: Ignore;">v<span style="font: 7pt 'Times New Roman';"> </span></span></span><b style="mso-bidi-font-weight: normal;"><span style="font-size: 16pt; line-height: 115%;"><span style="font-family: Arial;">Share offer prospectuses will be delivered to residents across Sidbury <o:p></o:p></span></span></b></div>
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<span style="font-family: Wingdings; font-size: 16pt; line-height: 115%; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;"><span style="mso-list: Ignore;">v<span style="font: 7pt 'Times New Roman';"> </span></span></span><b style="mso-bidi-font-weight: normal;"><span style="font-size: 16pt; line-height: 115%;"><span style="font-family: Arial;">Share offer closes 23 May<o:p></o:p></span></span></b></div>
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<span style="font-family: Wingdings; font-size: 16pt; line-height: 115%; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;"><span style="mso-list: Ignore;">v<span style="font: 7pt 'Times New Roman';"> </span></span></span><b style="mso-bidi-font-weight: normal;"><span style="font-size: 16pt; line-height: 115%;"><span style="font-family: Arial;">Shares can be bought in £50 denominations<o:p></o:p></span></span></b></div>
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<span style="font-family: Wingdings; font-size: 16pt; line-height: 115%; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;"><span style="mso-list: Ignore;">v<span style="font: 7pt 'Times New Roman';"> </span></span></span><b style="mso-bidi-font-weight: normal;"><span style="font-size: 16pt; line-height: 115%;"><span style="font-family: Arial;">Come to the Share offer Open Days:<o:p></o:p></span></span></b></div>
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<span style="font-family: Wingdings; font-size: 16pt; line-height: 115%; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;"><span style="mso-list: Ignore;">Ø<span style="font: 7pt 'Times New Roman';"> </span></span></span><b style="mso-bidi-font-weight: normal;"><span style="font-size: 16pt; line-height: 115%;"><span style="font-family: Arial;">Sidbury Village Hall<o:p></o:p></span></span></b></div>
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<span style="font-family: Wingdings; font-size: 16pt; line-height: 115%; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;"><span style="mso-list: Ignore;">Ø<span style="font: 7pt 'Times New Roman';"> </span></span></span><b style="mso-bidi-font-weight: normal;"><span style="font-size: 16pt; line-height: 115%;"><span style="font-family: Arial;">Friday 25 April<o:p></o:p></span></span></b></div>
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<span style="font-family: Wingdings; font-size: 16pt; line-height: 115%; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;"><span style="mso-list: Ignore;">Ø<span style="font: 7pt 'Times New Roman';"> </span></span></span><b style="mso-bidi-font-weight: normal;"><span style="font-size: 16pt; line-height: 115%;"><span style="font-family: Arial;">Saturday 3 May<o:p></o:p></span></span></b></div>
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<span style="font-family: Wingdings; font-size: 16pt; line-height: 115%; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;"><span style="mso-list: Ignore;">Ø<span style="font: 7pt 'Times New Roman';"> </span></span></span><b style="mso-bidi-font-weight: normal;"><span style="font-size: 16pt; line-height: 115%;"><span style="font-family: Arial;">10.00 am – 4.00pm<o:p></o:p></span></span></b></div>
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<span style="font-family: Wingdings; font-size: 16pt; line-height: 115%; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;"><span style="mso-list: Ignore;">v<span style="font: 7pt 'Times New Roman';"> </span></span></span><b style="mso-bidi-font-weight: normal;"><span style="font-size: 16pt; line-height: 115%;"><span style="font-family: Arial;">Your opportunity to give the Red Lion Back its roar!<o:p></o:p></span></span></b></div>
<b style="mso-bidi-font-weight: normal;"><span style="font-family: 'Arial','sans-serif'; font-size: 16pt; line-height: 115%; mso-ansi-language: EN-GB; mso-bidi-language: AR-SA; mso-fareast-font-family: Calibri; mso-fareast-language: EN-US;">Detail at <u><span style="color: red;"><a href="http://thepubinthevillage.blogspot.com/"><span style="color: blue;">http://thepubinthevillage.blogspot.com</span></a></span></u></span></b><span style="color: red; font-family: 'Arial','sans-serif'; font-size: 16pt; line-height: 115%; mso-ansi-language: EN-GB; mso-bidi-language: AR-SA; mso-fareast-font-family: Calibri; mso-fareast-language: EN-US;"> </span>Anonymoushttp://www.blogger.com/profile/07151360672361761984noreply@blogger.com0tag:blogger.com,1999:blog-1822408440399165909.post-8849680283183366812014-04-11T19:37:00.003+01:002014-04-11T19:37:51.370+01:00BBC & Sidmouth Herald Share Launch Coverage<div class="MsoNormal" style="margin: 0cm 0cm 10pt;">
<b style="mso-bidi-font-weight: normal;"><span style="color: red;"><span style="font-family: Arial;">A quick update on local & Regional press coverage of Sidbury Community Enterprises’ share offer launch, taking place this coming Monday, 14 April.<o:p></o:p></span></span></b></div>
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<span style="font-family: Arial;">Today the share launch has been covered in the latest edition of the Sidmouth Herald. In it, on page 14, there is a half page report and advert for the share offer and the Open Days on 25 April & 3 May.</span></div>
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<span style="font-family: Arial;">Now BBC South West has picked up on the story of the share offer launch. On Monday morning’s BBC Radio Devon’s Breakfast programme we are due to be interviewed live in their studios at about 7.05am.</span></div>
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<span style="font-family: Arial;">This radio broadcast is due to be followed with coverage in Monday evening’s BBC television‘s Spotlight programme.<b style="mso-bidi-font-weight: normal;"><o:p></o:p></b></span></div>
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<span style="font-family: Arial;">To misquote the phrase from the Swinging 60’s “Tune in, but don’t drop out”.</span></div>
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<b style="mso-bidi-font-weight: normal;"><span style="color: #c00000;"><span style="font-family: Arial;">Watch out for the share offer prospectus that will be dropping through doors across Sidbury over this weekend.<o:p></o:p></span></span></b></div>
Anonymoushttp://www.blogger.com/profile/07151360672361761984noreply@blogger.com0tag:blogger.com,1999:blog-1822408440399165909.post-26617340757250968422014-04-11T06:11:00.000+01:002014-04-11T06:11:24.068+01:00Share Offer Launch Countdown - 3 Days!<b style="mso-bidi-font-weight: normal;"><span style="color: red; font-family: 'Arial','sans-serif'; font-size: 18pt;">Countdown to Sidbury Community Enterprises’ community share offer launch on 14 April 2014 <span style="mso-bidi-font-weight: bold;">to purchase the Red Lion Inn, Sidbury, East Devon </span>- </span></b><br />
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<b style="mso-bidi-font-weight: normal;"><span style="color: #1f497d; font-family: 'Arial','sans-serif'; font-size: 72pt;">3 Days </span></b></div>
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<span style="font-family: Wingdings; font-size: 16pt; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;">v</span><span style="font-size: 7pt; mso-fareast-font-family: Wingdings;"> </span><b style="mso-bidi-font-weight: normal;"><span style="font-family: 'Arial','sans-serif'; font-size: 16pt;">Share offer prospectuses will be delivered to residents across Sidbury </span></b><br />
<span style="font-family: Wingdings; font-size: 16pt; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;">v</span><span style="font-size: 7pt; mso-fareast-font-family: Wingdings;"> </span><b style="mso-bidi-font-weight: normal;"><span style="font-family: 'Arial','sans-serif'; font-size: 16pt;">Share offer closes 23 May</span></b><br />
<span style="font-family: Wingdings; font-size: 16pt; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;">v</span><span style="font-size: 7pt; mso-fareast-font-family: Wingdings;"> </span><b style="mso-bidi-font-weight: normal;"><span style="font-family: 'Arial','sans-serif'; font-size: 16pt;">Shares can be bought in £50 denominations</span></b><br />
<span style="font-family: Wingdings; font-size: 16pt; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;">v</span><span style="font-size: 7pt; mso-fareast-font-family: Wingdings;"> </span><b style="mso-bidi-font-weight: normal;"><span style="font-family: 'Arial','sans-serif'; font-size: 16pt;">Come to the Share offer Open Days:</span></b><br />
<div style="margin-left: 49.65pt; mso-add-space: auto;">
<span style="font-family: Wingdings; font-size: 16pt; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;">Ø</span><span style="font-size: 7pt; mso-fareast-font-family: Wingdings;"> </span><b style="mso-bidi-font-weight: normal;"><span style="font-family: 'Arial','sans-serif'; font-size: 16pt;">Sidbury Village Hall</span></b></div>
<div style="margin-left: 49.65pt; mso-add-space: auto;">
<span style="font-family: Wingdings; font-size: 16pt; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;">Ø</span><span style="font-size: 7pt; mso-fareast-font-family: Wingdings;"> </span><b style="mso-bidi-font-weight: normal;"><span style="font-family: 'Arial','sans-serif'; font-size: 16pt;">Friday 25 April</span></b></div>
<div style="margin-left: 49.65pt; mso-add-space: auto;">
<span style="font-family: Wingdings; font-size: 16pt; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;">Ø</span><span style="font-size: 7pt; mso-fareast-font-family: Wingdings;"> </span><b style="mso-bidi-font-weight: normal;"><span style="font-family: 'Arial','sans-serif'; font-size: 16pt;">Saturday 3 May</span></b></div>
<span style="font-family: Wingdings; font-size: 16pt; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;"><span style="mso-spacerun: yes;"> </span><span style="mso-spacerun: yes;"> </span>Ø</span><span style="font-size: 7pt; mso-fareast-font-family: Wingdings;"> </span><b style="mso-bidi-font-weight: normal;"><span style="font-family: 'Arial','sans-serif'; font-size: 16pt;">10.00 am – 4.00pm</span></b><br />
<span style="font-family: Wingdings; font-size: 16pt; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;">v</span><span style="font-size: 7pt; mso-fareast-font-family: Wingdings;"> </span><b style="mso-bidi-font-weight: normal;"><span style="font-family: 'Arial','sans-serif'; font-size: 16pt;">Your opportunity to give the Red Lion Back its roar!</span></b><br />
<b style="mso-bidi-font-weight: normal;"><span style="font-family: 'Arial','sans-serif'; font-size: 16pt; line-height: 115%; mso-ansi-language: EN-GB; mso-bidi-language: AR-SA; mso-fareast-font-family: Calibri; mso-fareast-language: EN-US;"><span style="mso-spacerun: yes;"> </span>Detail at <u><span style="color: red;"><a href="http://thepubinthevillage.blogspot.com/"><span style="color: blue;">http://thepubinthevillage.blogspot.com</span></a></span></u></span></b>Anonymoushttp://www.blogger.com/profile/07151360672361761984noreply@blogger.com0tag:blogger.com,1999:blog-1822408440399165909.post-37167102619129298612014-04-10T16:50:00.000+01:002014-04-10T16:50:12.538+01:00Share Offer Launch Countdown - 4 Days!<b style="mso-bidi-font-weight: normal;"><span style="color: red; font-family: 'Arial','sans-serif'; font-size: 18pt;">Countdown to Sidbury Community Enterprises’ community share offer launch on 14 April 2014 <span style="mso-bidi-font-weight: bold;">to purchase the Red Lion Inn, Sidbury, East Devon </span>- </span></b><br />
<br />
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<b style="mso-bidi-font-weight: normal;"><span style="color: #00b050; font-family: 'Arial','sans-serif'; font-size: 72pt;">4 Days </span></b></div>
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<span style="font-family: Wingdings; font-size: 16pt; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;">v</span><span style="font-size: 7pt; mso-fareast-font-family: Wingdings;"> </span><b style="mso-bidi-font-weight: normal;"><span style="font-family: 'Arial','sans-serif'; font-size: 16pt;">Share offer prospectuses will be delivered to residents across Sidbury </span></b><br />
<span style="font-family: Wingdings; font-size: 16pt; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;">v</span><span style="font-size: 7pt; mso-fareast-font-family: Wingdings;"> </span><b style="mso-bidi-font-weight: normal;"><span style="font-family: 'Arial','sans-serif'; font-size: 16pt;">Share offer closes 23 May</span></b><br />
<span style="font-family: Wingdings; font-size: 16pt; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;">v</span><span style="font-size: 7pt; mso-fareast-font-family: Wingdings;"> </span><b style="mso-bidi-font-weight: normal;"><span style="font-family: 'Arial','sans-serif'; font-size: 16pt;">Shares can be bought in £50 denominations</span></b><br />
<span style="font-family: Wingdings; font-size: 16pt; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;">v</span><span style="font-size: 7pt; mso-fareast-font-family: Wingdings;"> </span><b style="mso-bidi-font-weight: normal;"><span style="font-family: 'Arial','sans-serif'; font-size: 16pt;">Come to the Share offer Open Days:</span></b><br />
<div style="margin-left: 42.55pt; mso-add-space: auto;">
<span style="font-family: Wingdings; font-size: 16pt; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;">Ø</span><span style="font-size: 7pt; mso-fareast-font-family: Wingdings;"> </span><b style="mso-bidi-font-weight: normal;"><span style="font-family: 'Arial','sans-serif'; font-size: 16pt;">Sidbury Village Hall</span></b></div>
<div style="margin-left: 42.55pt; mso-add-space: auto;">
<span style="font-family: Wingdings; font-size: 16pt; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;">Ø</span><span style="font-size: 7pt; mso-fareast-font-family: Wingdings;"> </span><b style="mso-bidi-font-weight: normal;"><span style="font-family: 'Arial','sans-serif'; font-size: 16pt;">Friday 25 April</span></b></div>
<div style="margin-left: 42.55pt; mso-add-space: auto;">
<span style="font-family: Wingdings; font-size: 16pt; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;">Ø</span><span style="font-size: 7pt; mso-fareast-font-family: Wingdings;"> </span><b style="mso-bidi-font-weight: normal;"><span style="font-family: 'Arial','sans-serif'; font-size: 16pt;">Saturday 3 May</span></b></div>
<div style="margin-left: 42.55pt; mso-add-space: auto;">
<span style="font-family: Wingdings; font-size: 16pt; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;">Ø</span><span style="font-size: 7pt; mso-fareast-font-family: Wingdings;"> </span><b style="mso-bidi-font-weight: normal;"><span style="font-family: 'Arial','sans-serif'; font-size: 16pt;">10.00 am – 4.00pm</span></b></div>
<span style="font-family: Wingdings; font-size: 16pt; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;">v</span><span style="font-size: 7pt; mso-fareast-font-family: Wingdings;"> </span><b style="mso-bidi-font-weight: normal;"><span style="font-family: 'Arial','sans-serif'; font-size: 16pt;">Your opportunity to give the Red Lion Back its roar!</span></b><br />
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<b style="mso-bidi-font-weight: normal;"><span style="font-family: 'Arial','sans-serif'; font-size: 16pt;"><span style="mso-spacerun: yes;"> </span>Detail at <u><span style="color: red;">http://thepubinthevillage.blogspot.com</span></u><o:p></o:p></span></b></div>
Anonymoushttp://www.blogger.com/profile/07151360672361761984noreply@blogger.com0tag:blogger.com,1999:blog-1822408440399165909.post-71955927562812533122014-03-28T18:31:00.001+00:002014-03-28T18:31:14.904+00:00The Exeter Daily Reports Agreed Red Lion Sale<div class="MsoNormal" style="margin: 0cm 0cm 10pt;">
<b style="mso-bidi-font-weight: normal;"><span style="color: red;"><span style="font-family: Arial;">Online newspaper The Exeter Daily reports on agreed sale of Red Lion at -<u><a href="http://www.theexeterdaily.co.uk/news/local-news/sidbury-community-enterprises%E2%80%99-purchase-will-give-red-lion-back-its-roar"><span style="color: red; text-decoration: none; text-underline: none;"><o:p></o:p></span></a></u></span></span></b></div>
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<span class="MsoHyperlink"><b style="mso-bidi-font-weight: normal;"><a href="http://www.theexeterdaily.co.uk/news/local-news/sidbury-community-enterprises%E2%80%99-purchase-will-give-red-lion-back-its-roar"><span style="font-family: Arial;">http://www.theexeterdaily.co.uk/news/local-news/sidbury-community-enterprises%E2%80%99-purchase-will-give-red-lion-back-its-roar</span></a></b></span><b style="mso-bidi-font-weight: normal;"><u><o:p></o:p></u></b></div>
Anonymoushttp://www.blogger.com/profile/07151360672361761984noreply@blogger.com0tag:blogger.com,1999:blog-1822408440399165909.post-55241619012061478092014-03-28T18:06:00.001+00:002014-03-28T18:06:14.648+00:00Pulmans View's Excellent Coverage Of Campaign's Latest<div class="MsoNormal" style="line-height: normal; margin: 0cm 0cm 0pt;">
<b style="mso-bidi-font-weight: normal;"><span style="color: red;"><span style="font-family: Arial;">Many thanks to this week’s Pulmans View from Sidmouth for the excellent and extensive coverage of the agreement by Punch Taverns to sell the Red Lion to Sidbury Community Enterprises. Pulmans’ coverage starts on its front page under the banner headline “Campaigners have agreed a deal to save Red Lion pub”.<o:p></o:p></span></span></b></div>
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<b style="mso-bidi-font-weight: normal;"><span style="font-family: Arial;">Whilst Pulmans View’s story continues on page 4 the story of the campaign to retain the Red Lion is addressed in the newspaper’s editorial on page 3 under the editor’s very supportive comments headed “Fancy owning a pub?”<o:p></o:p></span></b></div>
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<span style="font-family: Arial;">Pulmans View has, all the way through the campaign been incredibly supportive of the aims and objectives that it has striven to achieve. </span></div>
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<b style="mso-bidi-font-weight: normal;"><span style="color: red;"><span style="font-family: Arial;">Pulmans view’s coverage can be read at - <o:p></o:p></span></span></b></div>
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<b style="mso-bidi-font-weight: normal;"><u><span style="color: #002060;"><a href="http://edition.pagesuite-professional.co.uk/launch.aspx?pbid=b553c14a-f023-4ec6-a5ac-b9d745b0d550"><span style="font-family: Arial;">http://edition.pagesuite-professional.co.uk/launch.aspx?pbid=b553c14a-f023-4ec6-a5ac-b9d745b0d550</span></a><o:p></o:p></span></u></b></div>
Anonymoushttp://www.blogger.com/profile/07151360672361761984noreply@blogger.com0tag:blogger.com,1999:blog-1822408440399165909.post-25235728903344470522014-03-28T18:06:00.000+00:002014-03-28T18:06:01.206+00:00Puublicans Morning Advertiser Reports Red Lion Agreed Sale<div class="MsoNormal" style="line-height: normal; margin: 0cm 0cm 0pt;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: Arial;"><span style="color: red;">Today the Publicans Morning Advertiser reported the agreed sale of the Red Lion in a story headlined Punch agrees to sell Red Lion in Sidbury to community”. The report is at – </span><u><a href="http://www.morningadvertiser.co.uk/General-News/Punch-agrees-to-sell-Red-Lion-in-Sidbury-to-community">http://www.morningadvertiser.co.uk/General-News/Punch-agrees-to-sell-Red-Lion-in-Sidbury-to-community</a></u></span></b></div>
Anonymoushttp://www.blogger.com/profile/07151360672361761984noreply@blogger.com0tag:blogger.com,1999:blog-1822408440399165909.post-79005684329529424612014-03-28T13:59:00.001+00:002014-03-28T13:59:24.795+00:00Red Lion's Real Asking Price<div class="MsoNormal" style="line-height: normal; margin: 0cm 0cm 0pt;">
<b style="mso-bidi-font-weight: normal;"><span style="color: red;"><span style="font-family: Arial;">Whilst it’s great to once again get good coverage in today’s Sidmouth Herald (page 11) of Sidbury Community Enterprises’ attempts to purchase the Red Lion, unfortunately it grossly inflated the asking price that Punch Taverns had placed on the pub!<o:p></o:p></span></span></b></div>
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<b style="mso-bidi-font-weight: normal;"><span style="font-family: Arial;">To set the record straight Punch Taverns were asking £295,000 and not £790,000 for the Red Lion. As the forthcoming share offer prospectus will show, the agreed sale price is significantly below the real asking price and way below the Sidmouth Herald’s reported price!<o:p></o:p></span></b></div>
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<b style="mso-bidi-font-weight: normal;"><span style="color: red;"><span style="font-family: Arial;">If the asking price for the Red Lion had been £790,000 as erroneously reported then the Campaign to retain it would never have got off the ground!<o:p></o:p></span></span></b></div>
Anonymoushttp://www.blogger.com/profile/07151360672361761984noreply@blogger.com0