Thousands raised for North Somerset ‘icon’
PUBLISHED: 13:00 28 January 2016
Almost £250,000 has been raised through Clevedon Pier’s community share scheme.
The offer, which began in August, allowed people to purchase shares in the Grade I-listed structure with about 1,050 investors contributing towards the new visitor centre which is expected to be completed in the spring.
Pledges of £45,000 were received during the final 10 days of the scheme with £15,000 being donated on the final day.
There was plenty of interest in shares from around the world but 75 per cent of share buyers were from North Somerset.
Over the next few weeks, the trust will be putting together a list of all of the fully paid up members of the new Clevedon Pier Community Benefit Society before sending out named membership cards.
Simon Talbot-Ponsonby, chairman of the Clevedon Pier and Heritage Trust, says the total raised marks the start of an ‘exciting’ future for the pier.
He said: “We are very pleased with the high level of support from the local community who clearly want us to succeed with this venture as evidenced with the number of local investors.
“This represents the start of a new chapter in the running of the pier with the opening of the new facilities in the near future.
“We have an exciting future ahead of us.
“We will be continuing with our fundraising efforts and actively looking for business sponsorship towards this icon of Clevedon and the North Somerset coast.”
The concrete structure for the new visitor centre, which will include a restaurant, viewing platform and education room, has now been completed.
The main glass walls are due to be installed at the end of this month.
The project, which started in September 2015, has been funded by a number of charitable grants including £825,000 from the Coastal Communities Fund and £720,000 from the Heritage Lottery Fund.
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