Future of the Air Hostess: Part 4

The following article was originally written by Steve King and published in the November Edition of the Tollerton Village Newsletter

The Future of the Air Hostess (Part 4)

This is the 4th village newsletter article written to keep you informed of the ongoing progress being made towards securing the future of the Air Hostess for the community.

To recall Everards Brewery informed Rushcliffe Borough Council on 15th April 2019 of their intention to sell the Air Hostess. An Asset of Community Value order placed previously upon the pub by Tollerton Parish Council, allowed a newly formed Community Pub Steering Group a period of 6 months until 15th October 2019, to negotiate a price and an agreement in principle to purchase the Air Hostess as a community pub for the village from the brewery.

As you read this, the date of 15th October 2019 has recently passed and I am pleased to be able to tell you, that forms to create a Community Benefit Society have been submitted, and we have an agreement in principle with the brewery.

A price has been agreed which allows the village community a fixed amount of time to raise the capital to purchase the pub, via the offering of shares to interested parties. To that end there will be an Share Launch event at Tollerton School at 7.30pm on Wednesday 20th November 2019.

I hope you think the content of the previous two paragraphs is good news! The idea of creating a community pub for the village is one I am intrigued and excited by. Getting to this point has taken a lot of work by the various members of the Community Pub Steering Group.

The work of the Community Pub Steering Group in conjunction with Everards Brewery has effectively given the village a unique opportunity to acquire the Air Hostess for the community, which has been the driving rationale for the efforts of the steering group during the last 6 months.

The support for saving the pub for the village has largely been positive among those who’ve expressed opinions. I know of people who will support the purchase of the pub by purchasing shares when they become available. I know of those who have offered contributing services. I also know of those who are excited at the prospect of a thriving community pub where they feel valued and welcomed. We need as many supporters as possible. The pub will be your community pub and positioned to benefit the community more than has been possible in the past. But we need to maximise support. The development of a community pub needs support to make it work and if it doesn’t, the village will be a poorer place for its lack.

Consider then for a moment a village with no pub. On the Savills Estate Agents blog (at https://www.savills.co.uk/blog/article/277752/residential-property/is-it-a-good-idea-to-buy-a-home-near-a-pub.aspx) an article from 2015 identified that up to a third of buyers would check their chosen property is near a good hostelry. Research from Sarah Beeny’s online estate agency Tepilo shows that a good quality pub is a major selling point for 23 per cent of buyers, adding to demand and competition for nearby homes (see article at https://www.independent.co.uk/money/5-surprising-things-that-will-boost-the-value-of-your-home-a7169621.html). It rather seems that a village with a pub is more desirable than a village without a pub!

I’d like to acknowledge the efforts of Rob Barrett and Mark Jones of the Community Pub Steering Group in bring the material in the previous paragraph to my attention.

Finally if you use Facebook you can keep up to date with ongoing news relating to the Air Hostess. Having logged into your Facebook account simply use the search term: ‘tollerton community pub’ (omitting the quotes).

One thought on “Future of the Air Hostess: Part 4

  • November 24, 2019 at 4:13 pm
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    I am prepared to buy Shares in The Tollerton Air Hostess Pub..

    Reply

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