Peak District community raise £100k to buy local pub

Peak District residents have raised more than £100,000 in just three weeks as they bid to buy their local pub in Bamford.

The Bamford Community Society is looking to raise £320,000 to buy The Anglers Rest and create a community hub which, in addition to preserving the popular pub, will house a post office, cafe, accommodation and parking for villagers and tourists.

With the pub on the open market, a community share offer - launched with support from The Co-operative Enterprise Hub - has raised £114,500, with more than 100 people coming forward to co-own the pub and become members of the Community Benefit Society set up to safeguard the facility.

Liz Marshall, a member of the society’s steering group, said: “We are delighted with the response and support that we have received so far. Many rural services have come under pressure and one way for them to survive and prosper is through community ownership.

“We believe our plans will provide a sustainable future for our amenities while creating a focal point for village life that can regenerate the local economy and enhance community cohesion.”

Shares in the Bamford Community Society cost from £250 to £20,000.