Our vision
The Hollybush Draethen Limited is a Community Benefit Society (“the Society”) which has been created by local people as an entity through which to secure and protect the future of The Hollybush. We want to turn it into a genuine Community Hub for the benefit of Draethen, local communities, the wider area and visitors.
The aim is for the Society to purchase and subsequently over a period of a number of years to fully restore the pub, bringing it back to the heart of Draethen where it will once again become a true local – with the range of facilities expected from a Community Hub that enriches the lives of people within its community while extending a warm welcome to all visitors.
As a consequence of the way in which The Hollybush has been marketed for sale by its current owners, opportunities for wide-scale community engagement, fundraising and other community activities have been severely limited. However, the primary objective of this Share Offer is to raise sufficient funds as speedily as possible for the Society to undertake initially “the Project”, which is, as briefly described below, to:
- purchase The Hollybush
- carry out emergency repairs to the building to make it wind and watertight and make safe the remainder of the site
- refurbish the Ground Floor Bars and toilets to enable them to be reopened, initially, on a limited hours basis
- refurbish the separate building containing 2 short term lettable rooms to provide the Society with an alternative income stream
The estimated total cost of the purchase, related costs and proposed works anticipated in the Project is in the region of £605,000.
Following purchase, grant and other funding will be sought both in connection with the Project and renovation of the remainder of the site. Discussion and ideas for such renovation will be developed with Members and the community.
