The building can be a new kind of community hub
We have a powerful vision for how the building could be used, a business plan which outlines how the figures stack up, and we have a number of local partners and allies who are supporting us. Our most important partners though, are you– the members of the communities who will be served by the new building and what it will offer. If we are to save the school, we need your help now.
Our vision for the new building is that it should offer a range of community focussed enterprises to include a village shop selling local produce, a café, a number of artists studios, space for homeworkers to rent desk space, and a space for hire or other events. We have a strong basis for believing that these ventures will raise enough money to run the building and make a profit. Any profits raised will be ploughed back into the community .
These plans have been shared in open days and other communications and have met with a high degree of support from local people. Of course there are obstacles to be overcome, but we are sure that if we work together, we can develop the space into a sustainable community hub which will make a great contribution to the life of the village and to those that surround it for generations to come.
The money can be raised through community investment
Our plan is to raise the initial purchase price of the property plus an additional sum for the re-fit of the building. We can do this by attracting community share-holders from residents of Rodmell and beyond. We have expert advice on how this financial model could work to ensure a relatively low risk investment for local people wishing to buy a share in the venture which in time could offer interest at a rate of around 3%.
Our current assumption is that we are trying to raise 350k to cover the purchase of the building (assuming a valuation of 225k) which includes an additional sum for refit of the building.
The good news is that not all of this money needs to come from community investors as we have access to a match-funding platform via an organisation called Power To Change. This means that if 150 households each make an investment of £750, for example, we will have raised 225k. Of course these are only working assumptions at this stage but what they illustrate is that we can raise the money to save the school.
Buy back the Rodmell School building for the communityWe need pledges of investment in community shares in this project. Click the button below to make a pledge.£31,000.00 donated of £350,000.00 goal
We only have a small core team at present and there is a lot to do. We need all hands on deck. Any time or expertise you can offer will be very welcome. In particular we would really like people with any expertise in:
- Business and finance
- Architecture and building design
- Setting up and managing a shop or cafe
- Co-working facilities
This is an exciting time and we need to move fast. Thank you for whatever support you can offer.
Please contact us firstname.lastname@example.org if you are able to help.
Come and talk to any of the core team, Georgina Littlejohn, Sarah Gamble, Kate Wickham, Sarah Jay, Sara Buzuk or Kate or Andy Martin.
or email email@example.com