Residents of Ashendon have successfully raised funds to buy their village pub and have begun their hunt for a tenant.
The Ashendon Community Pub Society has raised £549,494 to save its village pub as a community asset.
The fundraising total represents £300,000 in Community Ownership government funding plus £249,494 through a community share offer and donations.
A sale price for the pub has been agreed at £420,000.While the share offer surpassed its minimum target, the Society continues to fundraise through donations, and sponsorships to reach its optimum target of a further £50,000 to fund essential refurbishments.
The village is now on the hunt for quality-driven and community-minded tenants to bring the pub back to a vibrant community hub and a welcoming destination for visitors.
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