The Angel Spinkhill Community Interest Company (CIC) has been undertaking a detailed feasibility study in order to prepare a bid to present to Punch Taverns. The Angel is listed as an Asset of Community Value (ACV) and during the existing moratorium period, only community interest groups can bid for the asset. The CIC is the only community group that has registered an interest and created a company that is eligible to embark upon the task of retaining this asset.
The Feasibility Study has included:
• Professional Valuation
• Acquisition Survey Report
• Asbestos Survey
• Electrical Survey (including emergency lighting and fire alarm)
• Gas and Heating Survey
• Refurbishment estimates
• Conceptual layouts of each floor of the building
The CIC has been in discussion with a number of professionals to explore potential solutions that would facilitate the re-opening of the Angel as a ‘Destination Eatery’ that serves both the local and wider community.
The Angel is marketed through Punch Taverns’ agents, Fleurets. Detailed negotiations have resulted in a bid from the CIC been accepted by Punch Taverns (subject to contract). The CIC has until 30th June 2014, to conclude the deal.
Also on Thursday 15 May at 7pm, there will be a presentation by the Angel Community Interest Company. The meeting will take place in the school hall at Immaculate Conception Catholic Primary School and is designed to:
• briefly outline the work undertaken since the last gathering
• present to you an opportunity to invest in the future of the Angel
For further information, and to bring offers of financial support, please contact the group at; firstname.lastname@example.org