NOTE: This site is updated regularly to keep you posted.

Siop Gymunedol / HAVARDS / Community Shop

SHARE OFFER EXTENDED TO 31st August

Full details in Newsletter 6 available here.

9th Aug: GREAT NEWS - We've reached our minimum target of £330,000 in shares. More details in Newsletter 7 sent out today.
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MEET US AT THE NEVERN SHOW: Come and find our stall at the Nevern Show on 10th August.

IMPORTANT. SITR: We have reached the HMRC limit we are allowed for tax relief which is £300,000. Investors who submitted forms but haven't paid, and new investors will not be able to take advantage of SITR. Please do continue to invest - your investment will still be eligible for interest payments at up to 4%. Read more about SITR.

BUY YOUR SHARES NOW - BE PART OF THE COMMUNITY PURCHASE OF HAVARDS   Full details here.

Please note that links for media coverage have been moved to the News Page.

The NEWS page contains previous items from this box, and there is more news and pictures on our Facebook page.

Just two weeks to go! NEXT PUBLIC MEETING - Boat Club, Tuesday 16th August, 18:30

Photo of our launch event

One of our investors, Simon Aumonier, came to our street stall

If you want to learn how this project is going, or have questions, please come to the next Public Meeting on 16th August at 18:30. Or come and see us at the Nevern Show on 10th August.

We are also out and about in town and elsewhere with our Street stalls, so you can come and talk to us. We are at every Monday Market - and it was great to see Simon Aumonier there on 8th August - Simon has been regularly holidaying in Newport, Pembrokeshire for 50 years. He has recently invested and become a shareholder in the Siop Havards community ironmongers project. As he said a visit to Newport would be very strange with not being able to visit the wonderful Havards ironmongers shop, it is an iconic part of the town. So many similar coastal towns have lost the majority of their traditional shops, let's keep Havards going with help from both locals and visitors investing in its future. Diolch Simon!

Summary:

Havards store is a traditional Ironmongers shop dating back to 1840. It is a vital asset for the Community of Trefdraeth, and the many visitors. But the current owner has been unable to find someone to take the shop over and is likely to shut it down if a way cannot be found to keep it open.

We have set up a Community Benefit Society to purchase and to run Havards as a Community Shop. The name of this society is Siop Havards Gymunedol Tydrath (SHGT). There is more information on the ABOUT US page.

Photo of our launch event

Our team put up a new banner for the Share Launch on 30th May!

We need to raise approximately £475,000. This will come from share sales, grants and loans. We are applying for a grant from the UK Community Ownership Fund and have successfully passed the first stage ("Expression of Interest") and been invited to submit a full application. We also plan to apply, as necessary, for other loans from the many places that support community projects.

We need your help! We need supporters to offer to purchase shares (interest paid and vote!). You can purchase shares online or by post - for full details see our investment page, or click INVEST in the menu.

Background

This initiative launched in June 2021 with some excellent support from Planed with local and national press releases. It was featured on National S4C programme ”HENO”.

Volunteers and Mayor at a street stall

Volunteers (and Mayor) at Stall at the Monday Market

The funds raised will allow the scheme to purchase the Havards Shop for the community and have sufficient funding for renovations and improvements.

There are now many communities across the country ensuring that local shops are kept open through community purchase. Support has been sought from the Plunkett Foundation, Coop Wales and Planed. Please see the following link: https://plunkett.co.uk?case-studies/

Share purchase

This is a summary of the share purchase scheme which was launched on 30th May 2022. The full and definitive version is the share offer document (now available!)

Why support us?

It's a good investment! Community Shares are an excellent way to support this community venture, you will have a voting voice and help to keep a vital part of the history of the town and an essential community facility open.

Help the Community

Play your part in our community - the shop will save trips further afield, at a time when we need to reduce unnecessary travel. Shops are at the heart of any small town, servicing needs and helping bring people together.

Why else should I invest in Havards?

Here's where you can not only get a good return, but play your part in sustaining a vital facility. We hope the many visitors to Newport, who return time and again, will also consider investing.