Newsletter May 2015

Happy Start of Summer!

It does not seem two minutes since we were wishing you all Happy New Year and now with the cricket starting at Lords this week we usher in what hopefully will be a glorious summer. Over the last four months the committee have been busy working on your behalf to find some new tenants to take over the pub. You would have thought that this would have been easy! Well we under estimated the work it would take.

The economic climate has changed greatly in the four years since we last tried to recruit and the number of people showing interest in our type of venture appeared to have dwindled. We have run a significant advertising campaign and have sent information to hundreds of pub landlords to make people aware of the opportunity that we have to offer.

After a very poor start, thankfully our efforts paid off and over 25 people from around the area and as far as the Isle of Skye showed interest. Showing interest is one thing, but then translating that into actual applications is another. After speaking to people and sending them detailed information we received applications from seven candidates who were shortlisted to four, all of whom we asked to develop full business plans so that we could see how they would manage the business, and most importantly, run the Foresters as we would like it to be run.

Following interviews and detailed discussions about their business plans and how they intend to run the pub we are delighted to tell you that we have been able to offer the tenancy to a couple who we believe have a wealth of experience in running pubs and businesses and who we think will operate the pub in a way that we will all like.

Lesley and Keith Sharpe have accepted the offer and are greatly excited that we have given them this opportunity, and they can’t wait to get started and join our community. We are now tying up the lease agreement with them and soon will be starting the transition process between themselves and Kimberley and Allan and we expect the handover to be complete before the end of the summer.

We hope that you will join us in welcoming them to our community and to their new venture. A date for your diaries - The AGM this year will be held on Tuesday 8th September 2015, at the Carlton Memorial Hall, Carlton, starting at 7.30 p.m. We look forward to seeing you then, but we’re sure that we will see you in the pub beforehand.

Have a great summer and rest assured that our community pub will continue to thrive, not only from the fact that we have a new set of tenants, but from the continued support that you and all of our shareholders continue to provide.

Finally, we must heap huge thanks onto Kimberley and Allan, our pioneer tenants, for doing such a great job over the last four years to get the Foresters Arms to where it is today.

Regards,

Coverdale Community Pub Ltd Management Committee