Brighton campaigners raise £150k to buy church hall

Posted On 01 Feb 2013 at 11:50 am

Brighton community campaigners have raised the £150,000 that they need to buy a church hall.

Paul Winter, the photographer who has been running the campaign to save Exeter Street Hall, said: “We’ve done it! We have raised over the asking price of £150,000 to purchase Exeter Street Hall.”

The campaign group will now be able to buy the hall from St Luke’s Prestonville Church in nearby Old Shoreham Road, Brighton.

The roof needs repairing and the church is unable to afford to do the work or keep the hall.

Council covid support

The campaigners raised the money by selling shares in TheHallGetInvolved, the limited company behind the fundraising share offer.

Each share costs £1 and they come in batches of 50. The minimum investment is £50 and the maximum is £20,000.

The Green MP for Brighton Pavilion Caroline Lucas bought the first share. Crime writer Peter James, property developer Mike Holland and even the vicar of St Luke’s Martin Poole have bought shares.

The campaigners were also given a big boost when the church dropped the asking price by £50,000.

Mr Winter said: “We estimate that we now have over 800 shareholders, which is both exciting and humbling.

“So many people bought in the last few days and so we hope to broadcast the final figure raised within the week.

“Thank you to everyone who has made this possible and believed in this campaign.”

 

  1. Valerie Paynter Reply

    Lovely, lovely little building. Congrats on getting this far. Just be careful of ambitious developers who are now shareholders…..waiting, waiting, waiting.

  2. dreary drivel Reply

    Nonsense, Valerie. All of the shareholders and their professional experience should be embraced and directed into the scheme to leverage their contribution. Despite your obvious disdain for ‘developers’, they do have valuable, transferable skills and actually get things built and done. Protection for the community use will no doubt be hard wired and developers (particularly those who are ‘ambitious’!) will have much better opportunities to pursue than this ‘site’ which is after all fairly trivial as a ‘development opportunity’.

Leave a Reply

*

This site uses Akismet to reduce spam. Learn how your comment data is processed.