Run by the village for the village
SHARE SALE NOW OPEN
Prospectuses and application forms for the Tewin Stores share sale will be delivered to every house in Tewin and Tewin Wood during w/c 8th July. We are hoping to raise enough funds to purchase the freehold of the shop and thereby help to secure the long term future of this invaluable community asset. Our aim is to raise £60,000 which we need to meet the purchase price of £150,000 and cover associated costs. The minimum investment is £25 and we hope all Tewin residents will participate in this community project. We will be holding share sale surgeries at the Store on the 16th and 18th July between 8.30am-12.30pm when a member of the committee will be available to answer any questions you may have.
The share offer closes on the 10th August so don’t delay in returning your application form.
UPDATE ON EVENTS IN TEWIN SHOP
Time is running out to buy your Tewin Stores Shares!
We’ve been encouraged by the response to the fundraising effort which will help secure the future of our Community shop.
However if you intended to support us, but haven’t yet, there are just a few days left to make your purchase before the offer is due to close on the 10 August 2019.
If you haven’t already got a share prospectus and application form you can pick one up in the shop or download all documents from this page by clicking on the links under “ Share Offer Documents”
Don’t delay, support your shop today !
Tewin Stores is a community shop, run by the village for the village. In 2007 we were in the forefront of a new trend which has seen the number of community shops in the country expand considerably. Our shop has a paid manager and is run by a volunteer workforce of local people.
We are open seven days a week and aim to give a good welcome to regular customers and visitors to the village. We sell most items that people might need, including newspapers, bread, milk, general groceries, cleaning equiment and birthday cards. Sausages, bacon and eggs are sourced locally. Cakes, quiches and pies, including gluten free, are baked in the area and delivered to the shop each week. Fruit and vegetables are also local and sometimes include produce from our allotments, orchards and gardens. We also sell plants for your garden. In the cafe we serve full English breakfast, light lunches and afternoon teas. Fridays are special Fry Up days when we serve the Full English and also Eggs Florentine and scrambled eggs with smoked salmon. We are rated 4 stars by our local Environmental Health inspector. Look out for notices of our special monthly Saturday lunches.
Bread, rolls, croissants, sausage rolls and many other savouries are baked in house. All these items can be pre-ordered, especially for the weekend. Tewin stores was once a bakery - see the History of Tewin book available also in the shop at £20.
Don’t forget we do lovely morning coffee, breakfasts, lunches and teas most days but especially every Friday morning with our Friday Fry ups. So come along and give yourself a break occasionally and let someone else cook your breakfast.
If you would like to become a shareholder, at a cost of only £25, or a volunteer, or a member of the 100 club with entry into a prize draw made monthly, please get in touch with our Secretary Eleanor Lohr (01438 717709), or speak to Bev at the shop (01438 717929)
Your Opportunity to Help Secure the Future of Tewin Stores
Tewin is one of the few villages in Hertfordshire that still has a shop. This is very largely because of its committed volunteers and because any profit generated is reinvested in the store. However, Tewin Stores is not immune to the pressures that have forced the closure of so many other local shops, but the good news is we now have the opportunity to help secure the future of this community asset and to this end we are seeking residents’ help.
The current owners of Tewin Stores are providing the residents of Tewin the opportunity to purchase the freehold for £150,000. Recently a resident of Tewin kindly bequeathed £100,000 to Tewin Stores and we therefore need to raise a further £60,000 to complete the purchase and cover associated legal & financial costs. Subject to the successful purchase of the freehold we plan to seek further funding to enable the development of the shop and its Cafe to better meet the needs of residents. Any surplus funding from the purchase of the store will go to the development of the store.
The Tewin Stores Committee has consulted various bodies and has concluded the best way of raising the necessary funds is through the issuing of new shares in Tewin Stores.
A Business Plan, Community Share Prospectus setting out the details of the share sale including, we hope, details of valuable tax relief available for income tax payers on the purchase of new shares, are made available to all Tewin residents. Shares will be priced at £25 each.
Tewin Stores Committee is committed to keeping residents updated on progress and will publish updates via this webpage and in Tewin Stores.
Tewin Stores Committee