Would you like to own a piece of Southwold?
Southgen’s partnership with Hastoe means that it will be obtaining the land for the community and business hub for free. But it will need to raise about £850,000 to redevelop its part of the site. About half of the money will come from grants and the rest from donations and sales of community shares. Each share will cost £25. When you buy a share, you become an owner of the building, and have a saying in running the business.
The SouthGen shares prospectus should be ready by mid-July 2018.
Already 450 people have expressed an interest in buying shares. If you too would like to own a piece of Southwold or find out more about this innovative project please fill out the form below.