Welcome to the Candover Valley Community Store Project

Details of the share offer – closing date 30 June 2018

Latest update from Committee Chair, Richard Walker

Following the news that Rob and Jane Marks will be closing the village shop in Preston Candover in the near future, a project is well underway to set up a community store for the valley.  You will find lots of information on the project and its progress on this website.

LATEST NEWS – PLANNING PERMISSION GRANTED AND SHARE OFFER OPEN!

We are delighted to announce that early in March, planning permission was granted to build the new community store alongside the village hall on land kindly leased from Lord Sainsbury. Many thanks to all those who wrote in to support the application.

The share offer opened on April 26th 2018. By becoming a member of the Candover Valley Community Store you can actively support the project and contribute to its success. You can invest as little as £20 to become a part of this exciting new venture. Please sign up as soon as possible – the sooner we reach our target, the sooner we can start building! The closing date for the share offer is 30 June 1028, so please download the membership application form now.

Artist’s impression of the new store

The aim of the share offer is to raise the money, which we need to do before building can start. We need to raise £200,000 to build, fit out, stock and provide working capital for the store and Post Office. We plan to do this in three ways – by seeking donations, obtaining grants and setting up a share membership scheme, open to everyone, which we hope will be widely supported.

LAUNCH OF SHARE MEMBERSHIP SCHEME

The share membership scheme was launched at Preston Candover Village Hall on 26th April 2018 at a very well attended meeting. Following a presentation from the chair of the store committee and an inspiring speech from Lara Madge, the manager of the community store in St Mary Bourne, full details of the share offer were explained and the committee members answered a number of questions from the floor.

We are 5 weeks through the 2 month window when the share membership scheme is open.
Money continues to come through but we need to continue the momentum. Thank you to everyone who has contributed to the fund raising effort so far. To date we have received £92,880 towards our target of £200,000. Read the latest update from the Committee Chair, Richard Walker.

Following the launch, the details are being distributed by hand to every household in the valley so that everyone has a chance to become a member of the new community store by owning one or more shares. Each share will cost £20 and entitle the holder to vote on decisions affecting the store. There will only be one vote for each shareholder, no matter how many shares are held. Full details of the scheme are provided in the share offer document. To apply to become a member, please download and complete the membership application form.

2018 looks to be a very exciting year for the community store project. 

Previous news updates can be found in recent posts on the right side bar of the website.

INVITATION TO ALL RESIDENTS

On the Make It Happen page you can let us know how you might help the project, whether you just want to be kept informed of progress or would like to offer your time or skills or make a donation.

A community store would be run by the community for the community.

The committee is chaired by Richard Walker and the members are Jane Ballard, Charles Bradshaw, Carolyn Dawnay, Alison Ellet, Jane Laws, Lucy Muncey, Nevil Wilson.

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