Why you should invest

As a shareholder you will be entitled to attend all general meetings of the co-operative and vote on resolutions proposed. We initially aimed to raise at least £35,000 from shareholders to help meet start-up costs. Having now reached this target, we have decided to try to raise £50,000 from shareholders before we open. With your help, we are confident that we can achieve this new target. The rest of the money will come from grants and loans. Some have already been secured. More are in the pipeline.
We have negotiated a long lease on premises in the High Street and, if necessary can take out loans against this. However we are seeking to avoid big loan repayments during the first three years of trading as this would cripple our cash flow. That is why we need to raise as much money as possible in the form of shareholder investments and grants from organisations that help community enterprises and the regeneration of small towns.