“The Landlady has indicated to a number of people that she would be willing to sell the pub, at the right price. A number of individuals in the parish are interested in purchasing it. With some investment, it is considered that the pub could be very successful, financially and for the local community.”
“Just to update you as discussed, several potential buyers who've initially enquired about the CravenArms have chosen not to proceed. This is due to a variety of factors including, the size of the dining area, availability of natural light and the method of access to the letting rooms. Some feedback has also included concerns relating to the pubs ACV designation, such as: Uncertainty around the sale process and future development potential Concerns about community resistance to changes in how the pub is run, due to the visible "Save Our Pub" campaign Worries that ACV status could affect lending as some lenders see it as a risk factor, so potentially reducing loan offers Risk that if the business fails, future resale or redevelopment options may be limited”