Victory for the Cross

Image by Inspiredimages at Pixabay

The Cross Inn, the only pub in Hayscastle Cross, is within touching distance of being rescued from imminent closure by the local community.

Campaigners have smashed their minimum target of £200,000 shares sold. To enable everyone to own the pub together, the team from Y Cross Cas-lai Community Benefit Society says it has thrown everything at this remarkable communal effort.

Current owners Wayne and Angela Phillips are calling time to pursue other interests and the pub will cease trading at the end of July. The Society plans to buy the pub, refurbish it and reopen with a fresh new look as soon as possible.

“We are so thrilled to have the support of our friends, families, residents and many local businesses, including the current owners who have all been so good-natured and supportive” said Society chairman Geraint Evans.

“Our ambition has captured everyone’s imagination and, even though it’s really hard work, we’re having a great time because it’s so meaningful and we’re making it happen together. We have exciting plans to create a warm and vibrant village pub and community hub. We’ve already lost two garages, a shop, a post office and the school from the village. Closure of the pub would shatter the community, so using the profits from the pub, we’re taking charge and bringing back some of the essential services that the community needs.”

Even Stephen Crabb, MP for Preseli Pembrokeshire, is getting involved. In a letter to Michael Gove he reflected on the shared values between Y Cross Cas-lai Benefit Society and those of the UK Government’s Community Ownership Fund, whose goal is “safeguarding the small, but much-loved local assets on which we cannot put a price”. He went on to say: “I support the bid from the Society which will not only retain an important village asset but also promote community cohesion which focuses on sustaining a sense of place and societal wellbeing.”

If you want to invest in Y Cross Cas-lai, you’ve only got until 21 May to apply for shares. The share offer has been extended for a short period to enable existing investors to top up and for new investors keen to get involved.

For more information, and to help the team Y Cross the finish line in style, visit http://ycrossinn.cymru/how-to-invest/ to find out how to buy shares.

Contact: Geraint Evans, enquiries@ycrossinn.cymru.

Nigel Summerley

Nigel Summerley retired from The Oldie magazine to return to freelance journalism. He previously held executive staff jobs at the London Evening Standard, The Daily Telegraph, The Sunday Telegraph and the Daily Express before freelancing for 20 years for newspapers including The Times, The Sunday Times, The Independent, The Guardian and the ‘i’ paper, plus a wide range of magazines. He continues to write about music, travel and health, and blogs at www.nigel-summerley.blogspot.com.

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