As writers on the subject of pubs, we so often find now that we are describing the demise of yet another well- loved watering-hole. In 2012, when Punch sold the Packhorse at South Stoke, it was, after some toing and froing, sold to a buyer who declared he intended to turn it into a private house. It seemed that an all too familiar story was about to be repeated.
Punch’s excuse was that the pub was failing. This was partly due to the fact that they had put an inexperienced person in as landlord. It’s a favourite ploy by pubcos – it helps to run the place down. It’s very sad for the landlord and also sad for the village when that happens. But to say it could never be a pub was clearly nonsense – several experienced publicans who were far from starry-eyed about the place expressed an interest and offered over the asking price.
The village was incensed and started a campaign. The first move was to have the pub declared an asset of community value. But the owner refused the offer that the community made to buy it. He then submitted a planning application. Like many others, your esteemed bloggers were aghast at the condition the building had been allowed to fall into, and wrote a fairly pungent objection. Without warning, after three months the application was withdrawn.
The owner then notified the village he intended to sell the building on. The village asked for time to raise the money to buy it. They had to raise £525,000 to buy it as well as more to refurbish it with planning consent. The deadline was Saturday 10th September.
With a few hours to go, they were tantalisingly close. With five days to go, they had raised £498,000. Could they do it?
An excited crowd gathered at the pub on Saturday 10th to hear the announcement. This is what they were told.
We’re delighted to report that our share issue has been a huge success! At 7pm yesterday, after a late flood of money, over 200 investors had contributed a total of £601,000 – and there are more share applications in the pipeline. We now have the capital both to buy the Packhorse for the community and to begin to develop detailed plans for the refurbishment!
We are thrilled, relieved and hugely grateful for the generosity of supporters of the Packhorse. Thank you so much! And to the two hundred or so people who assembled in the pub garden yesterday evening to hear the news – we hope you enjoyed the occasion as much as we did.
We’re not quite there yet – we still have to raise around £265,000 for refurbishment and working capital. But the money invested so far will not only buy the pub but also buy us time to raise money for building work in early 2017 with a view to reopening early Summer next year.
They are leaving the share issue open for the time being, so there is still time for others to join this special project – just look for the prospectus and share application form on the Save the Packhorse web site.
Meanwhile, we now have time to be more creative in our fundraising. We’ll have details in due course but we expect this to involve grant applications (we have our eye on the Heritage Lottery Fund), accepting smaller donations and, among other things, events.
One such event will be an illustrated talk on “A History of Bath Pubs” by Dr Andrew Swift (yes, that’s one half of the Awash with Ale blog team) at 7:30pm on Wednesday 21st September in South Stoke Village Hall. Entrance is free but arms may be twisted for a donation to the Packhorse fund! Refreshments will be available and all are welcome. So do come along. The strange history of the Packhorse Inn is sure to feature.