Blog

Mark Hoban MP visits our office

December 23rd, 2014

Hoban

We enjoyed a visit from Mark Hoban MP, when we were able to discuss with him some of the issues affecting us and local businesses.

Click here to read the full article in today’s Portsmouth News

F&H

Graeme Quar & Co has been part of a team of businesses and organisations that have helped a community save a much-loved pub from being bulldozed.

The owners of the Fox & Hounds pub in Denmead, Hampshire, wanted to sell it for housing but the local community was determined to save a vital village facility and return it to profitability.

The legal issues surrounding the pub were complex, but thanks to the introduction of the Localism Act in October 2012, the local community successfully applied to Winchester City Council to have the pub listed as an asset of value.

This in turn meant planning a planning application to demolish the building and develop housing on the site was likely to fail, which it did, and meant the pub owner was eventually minded to sell it to the community.

Graeme Quar & Co was approached to help the community group behind the purchase and refurbishment of the pub. They had become an Industrial and Provincial Co-Operative by that point, and it was our pleasure to help thegroup secure a mortgage to help cover the £300,000 purchase price and to carry out the conveyancing work for the building.

Thanks to private investment and a community fundraising share scheme, the money to buy and a further £160,000 to refurbish the building was found and, in early December, the pub was opened to the public.

Graeme Quar said: “As well as the mortgage and conveyancing work, we also helped the co-operative draw up the lease for the tenant so an experienced professional licensee could run the business and turn it into a profitable and popular local pub once again.

“The co-operative behind this project spent two-and-a-half years working incredibly hard to secure this valuable security asset, often in very difficult circumstances, and we were very proud to have been invited along to see it officially opened at the beginning of December.”

Rob Stark, director of The Fox & Hounds (Denmead) Community Co-Operative Limited, said: “We have been helped by so many local firms, from builders merchants which helped us with materials to companies like Graeme Quar & Co, whose expertise was invaluable.

“We would like to thank them for all their help because without it we wouldn’t have been able to return The Fox & Hounds to the community. There are now five full time and eight part time jobs that simply didn’t exist in November and, as the pub gets more successful, that number of jobs will grow.”

Christine Quar recently visited Uganda with charity Send A Cow. She met some amazing women, and heard their stories. Read more about them (and about the chickens that changed Christine’s life) in the News:

http://www.portsmouth.co.uk/news/the-chickens-that-changed-my-life-1-6472431