Villagers have uncorked a barrel full of community spirit to raise almost £120,000 in four weeks to stop time being called on their ‘local’.
Closed since October last year, The Fox and Hounds in Charwelton will re-open as a community-owned pub after a share offer raised the cash necessary to buy the building which dates to the 1870s.
It is hoped the pub could be open in time for Christmas.
Daniel Elkins, a member of the Charwelton Community Pub and Shop Co-operative, said: “It has been incredible to see people come together behind a shared dream to save this vital community asset.
“We want to encourage the widest possible participation and, are still keen to see more people getting involved.
“We believe that the pub will once again be a thriving community hub – serving great local food and ales and providing a centre for social events, celebrations, community activities and, above all, a warm welcome to all.
“We are very grateful to the pub’s present owners, Family Housing Ltd, for giving the community the chance to buy the pub.
“And, for local businesses Great Central Plastics Ltd and Woodford Tool and Plant of Woodford Halse, Fire Protection Coatings Ltd of Coventry and Isis Accountants from Wellingborough for their donations, sponsorship and support.”
The community share offer will remain open to raise at least a further £30,000 to fund refurbishments and keep loan debt to a minimum.
To join the co-operative and have a share in the pub, go to www.charwelton.org.uk or telephone 01327 260213.