The Ballantrae Trust have been working hard behind the scenes to get the The Kings Arms pub ready for reopening.
The volunteer trust took ownership of the village’s only pub during the pandemic. With financial support from the Scottish Land Fund, Carrick Futures and Ballantrae Community Funds, the Trust raised enough money to purchase the building with some additional finance towards managing and developing it.
Because the Trust cannot run a pub, they established the Ballantrae Community Pub Ltd – a separate Community Benefit Company – to run the Kings Arms and to launch a Community Share Offer.
The share offer has been launched to allow locals to buy a share in the pub to ensure its long term future.
The Trust is aiming to raise £35,000 and £130,000 so they can give the building a complete makeover. Anyone over the age of 16 can purchase shares which cost £1 with a minimum purchase of £25 and a maximum of £13,000.
For more info on the share offer, you can email info@kingsarmsballantrae.co.uk or visit www.kingsarmsballantrae.co.uk .
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