Cygnet community launches ambitious bid to buy beloved historic town pub
Elise Kaine reports on the working group's proposal to explore community ownership of the Commercial Hotel through a non-distributing model, where any future surplus would stay aligned with community purposes rather than private profit.
The piece profiles the working group and notes that $600,000 in pledges had been reported at time of publication, with the next step being philanthropic and major-donor outreach. The article also reports indicative acquisition-cost discussion and the community EOI window closing 2 July.
Subscription required to read the full article.