- 3 updates
Thousands of pubs are closing every year in Britain, and for many rural communities the loss can be particularly hard.
People in the Cumbrian village of Blencowe are hoping to raise £250,000 to take over and run their own local.
Katie Hunter reports:
People in the Cumbrian village of Blencowe are a small step closer to taking over their local pub.
They have launched a community share offer and are hoping to raise a quarter of a million pounds to buy the Crown Inn.
The pub dates back to the 18th century and is currently registered as a community asset.
It has been closed for 12 months but Greg Wilson, from the Blencowe Community, is confident they can drum up enough interest:
People in the Cumbrian village of Blencow say they are "very hopeful" about the future of their local pub.
They need to raise £250,000 in shares so they can begin a community takeover of the Crown Inn, near Penrith.
The pub has been closed since last September but the people behind the buyout hope it could be reopened by Christmas Day.
Shares are now on sale starting at £250.