The Publican's Morning Advertiser has reported that so far 67 pubs nationally have been successfuly listed by local authorities as "Assets of Community Value" at the request of local community campaign group. Having had their pubs listed this has given the groups six months breathing space in which they can seek to put together the required funding to purchase it.
This is exactly what Save The Red Lion Campaign is doing in an attempt to retain the Red Lion. The Campaign awaits the response from East Devon District Council to its request to list the pub.
The Publican's Morning Advertiser article can be found at - http://www.morningadvertiser.co.uk/Property-News/Community-right-to-bid- status-given-to-67-pubs
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