Frequently Asked Questions

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With the current plan, we would hope to see the pub opening in August 2025. This depends on a number of factors and so this is a very early projection. 

Aside from the obvious benefits of being to own and run the pub by the community for the community, there is always a risk that private investment may not be forthcoming.  Over the last two decades more than 13,000 pubs have closed in the UK, with the land typically being sold for change of use, often ending up as housing.  Once local pubs close they are lost for good. 

As noted in the business plan, to bring in additional capital we could choose to extend the share offer, take out a larger commercial mortgage than budgeted or solicit loans at favourable rates from members of the community.

The Management Committee will appoint a tenant to manage the day to day running of the business. We will work closely with the tenant to ensure that our vision for the pub is delivered, however we will not micro-manage the tenant and ultimately all decisions regarding the management of the pub and therefore all associated business risks will be the tenant’s.

Yes, provided they are over 18, you can buy shares for them as gifts using the gifting application.  They will become members once they have given us their signed consent to becoming a member. 

No, Brockweir Inn Community Benefit Society is a limited liability entity so the total liability for shareholders is the value of their shares.  If there was a catastrophe at a later date, we will have the choice to put in more money to take it forward, or let it fail and recover some, or all, of the capital.