News

SCPL EXCHANGES CONTRACTS ON THE KINGS ARMS INN

INTEREST RATE ON LOAN FROM HORATIO REDUCED SCPL exchanged contracts for the purchase of the Kings Arms Inn, Stockland on 30th November 2018.  Completion is expected to occur on or before 18th January 2019.  We appreciate this is later than anticipated, however the transaction has […]

Latest News 27th November 2018

Update on Progress East Devon District Council (EDDC) has recently granted SCPL a Premises Licence for the Kings Arms Inn, Stockland. Our Chairman, Peter Maitland, has recently sat and passed the appropriate Level 2 qualification test, and this week he will be applying to EDDC […]

SCPL Announce Date of Annual Members Meeting

We are pleased to announce that the next Annual Members Meeting (AMM) for the Society will be held in Stockland Victory Hall on Thursday 7th February 2019. In previous years, our AMMs have been limited to members of the Management Committee, as we had no […]

Share Certificates

All share certificates have now been issued and all 273 members of the Society should have received these either by email or in the post. If anyone has not received their certificate, please contact the office on 01404 881833. Premises Licence Local members of the […]

Update on Purchase of the Kings Arms Inn

In April we agreed Heads of Terms with Horatio Properties (Guernsey) Ltd. (“HPL”), the owners of the Kings Arms, which called for completion of the purchase by 30 September 2018.  We have been diligently working towards this goal since that date. Part of the agreement […]

Share Offer Success!

2nd October 2018 The 2018 Share Offer is now closed, and we are delighted to announce that we have raised a total of £278,051 in share capital from 273 investors (this figure includes £1,901 of uncleared funds). The first 260 members of the Society should […]

Update on Pub Purchase

We are aware that we have not communicated with our members and the wider public for a little while although as always we have been very busy with the business of acquiring the pub since we reached our funding target at the end of June.   […]

SCPL – Kings Arms on Radio Devon

On Tuesday 7th August, BBC Radio Devon had a discussion on pub closures as part of their early morning show. The feature included a live interview with Damian Clay from the SCPL Management Committee, speaking outside the Kings Arms. You can listen to the news […]

SCPL ANNOUNCES “GARDENS & GROUNDS” WORKING GROUP

volunteers needed! Since May when we announced the deal to buy the pub many people have asked not only how to invest financially but also how they can get involved on a practical basis.  The Management Committee have been speaking for some time about setting […]

SCPL – Result of Pop-up-Pub & Rex the King Performance

On Saturday 7 July around 100 people came down to the Victory Hall, Stockland to enjoy a gloriously sunny barbeque, something to drink and a first class production of “Rex the King” by the Wassail Theatre Company.  Thank you to all who attended and those […]