The Sorrel Horse in Shottisham, near Woodbridge, was was purchased in August 2011 as a result of a community led project, whose aim was to ensure the pub's long-term viability. Shares were priced at £500 and an amazing total of £450, 000 was raised by a total of 217 shareholders. The aim was to pay a dividend and by the end of the third year in business investors were rewarded with a return for the first time. It is now a thriving business much valued by its local residents and visitors to the Bawdsey peninsular. For more details see The Sorrel Horse, Shottisham
The following are other examples of Suffolk village pubs now owned and/or run by community groups:
If you are interested in the process the following websites offer advice on acquiring community facilities:
In the news
The Ivy House - London's first community owned pub
As well as the support from Somersham Parish Council the campaign has also been taken up by local County Councillor (Bosmere) Julia Truelove who has pledged both financial and personal support to this important community venture.