Proposed Morwenstow Community Shop
Welcome to a group investigating the feasibility of raising funds to buy the current shop in Morwenstow and create a Community Shop & Café. In order to make our Community Shop a reality we need to raise £350,000 to enable the purchase of the existing Furze Stores and stock.
Morwenstow Community Shop will be owned and run by the community, for the community. To make it a reality, we will need to raise funds through the sale of community shares. Each share has a value of £1 and we are asking people to consider purchasing a minimum of 50 (fifty) shares, available in increments of 50. The maximum allowed is 35,000. Alternatively, you may prefer to make a donation. Every share bought, however large or small, will bring us one step closer to opening our doors.
By subscribing for shares issued by the Morwenstow Community Benefit Society in the eventual share offer, you will become a member of that Society. The Society is a community-owned social enterprise made up of members and as a member you will get a vote on matters affecting the shop, you will be able to stand for election to the Management Committee and you will have a say in how profits can be invested into local community projects in the future.
This is your chance to have a real stake in something that will benefit everyone in the parish — from families doing their weekly shop to older residents who rely on having local facilities close to home.
Our aim is to create a warm, welcoming space at the heart of our community - a place to shop, meet, volunteer, learn and connect.
Follow our page for updates, opportunities to get involved, and ways to support this community-led project.
Together we can build something special for Morwenstow.
PLEDGE OUTCOME
Firstly, a massive thank you to everyone who engaged with us, completed our initial survey, came to our public meetings, asked us questions, and most importantly pledged an amount. We received 83 pledges from individuals, couples and households. The total of pledges received for Community Shares totalled £78,600 and the pledges for donations added a further possible £1875. This, of course, gives us a grand total of £80,475 of potential investment in our community. This is encouraging and enables us to understand what is needed if we are to have a shop & community hub in Morwenstow.
Some of us are taking well-earned leave at the moment but we have a committee meeting planned for early June to come together to decide what our next steps will look like.
We will continue to update everyone via the website and our social media platforms (Facebook and Instagram). We welcome any input based on the results of the pledge initiative and will take your comments into account when making any decisions.
Once again, we thank you all for your support through what has been essentially a steep learning curve but, at the same time, an interesting, challenging and rewarding few months for us.
Morwenstow Community Shop Steering Committee
