![](https://i0.wp.com/scpl.org.uk/wp-content/uploads/2018/01/Kings-Arms-Inn-Stockland-01JUN11-007.jpg?fit=1024%2C683&ssl=1)
SCPL is a Registered Society for the benefit of the community. Our objectives are clearly stated in our Governance Rules as:
Managing the assets and resources of the Society for the benefit of the community now and in the future.
Meeting our Objectives
- We negotiated a fair purchase price with the previous owner.
- We raised finance via a Community Share Offer and vendor finance enabling us to buy the pub in January 2019.
- We refurbished the pub with local volunteers and paid tradesmen, partially financed by additional local funding via interest free loans.
- We have agreed a long term lease with a very experienced tenant team to run the pub, which re-opened in January 2020.
- We own the property, and the tenants own and run the pub business.
- We intend the Kings Arms to be More Than a Pub and we will work with the tenants to create a true social hub in the heart of Stockland village which will welcome all members of the community and visitors to the area.
- We will act as custodians of the Kings Arms, and ensure it remains in community ownership for future generations to enjoy.