Our Share offer is now CLOSED!
Thank you to everyone who bought shares, who believed in the project and shared our vision. We now have the funds to complete the purchase and we will be updating the website once we have had a chance to catch our breath!
Community Share Issue
Live 13th May – 18th August 2025
TOGETHER, WE’VE DONE IT!
We have raised beyond our target level, with over £240K invested by over 700 individual supporters. We are now progressing with the completion of the purchase of the building and will be updating the website over the coming weeks.
Thank you.
You have all made this happen; by coming together, by sharing our vision, you have not only brought hope and aspiration to the project. you have shown what an amazing community we are in Torrington!
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GREAT NEWS!
We are able to extend our share offer deadline to 18th August as we have been able to agree a later date for completion of the purchase.
BUT THERE’S MORE GREAT NEWS!
We are now over 65% of our target – what a fantastic community effort! Let’s keep it up!
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COMMUNITY SHARE ISSUE LIVE!
CROWDFUNDER TOTALISER 13TH JUNE OVER £79K
(AND A FURTHER £25K PLEDGED OFF-LINE TO BE ADDED)
OVER £104,000 RAISED!
You can purchase shares offline using the documents on our home page, or you can visit our Crowdfunder page. The share offer window closes 24th June 2025.
Copies of these documents will also be available at Whiskers Pet Centre and Great Torrington Town Council office.
Key Information at a Glance
- Share Offer opens: 13 May 2025
- Share Offer closes: 24 June 2025
- Minimum investment: £50
- Maximum investment: £40,000
- Target interest rate: 3% from Year 5 (if the hotel is trading profitably)
- Community Benefit Society: one member, one vote
- Your first £1 share is non-refundable and non-withdrawable.
This is a long-term community investment. We ask that you only invest what you can afford to commit for the years ahead.
Why People Are Backing It
“I look forward to this becoming a fantastic community asset – a well needed boost for this special town.”
“I was delighted to hear how much this will be owned and supported by the community..”
“Fantastic to see this project going ahead! The Globe was my first job as a young lad, and it’s been sad to see it sit not having its full potential being exploited!”
“It’ s vital to keep the heart of Great Torrington alive. A vibrant and functioning Globe Hotel will help so much to maintain that heart and history as well as providing local jobs. Good luck to everyone involved.”
“I love The Globe. We used to sit with coffee by the roaring fire with friends. It’s a fabulous building and a great idea to save it.”
– Local supporter