Latest General Update December 2021
We have recently been advised that NWLDC will be returning the unexpended balance of the Section 106 moneys to Chevin Homes. We understand the Parish Council will be addressing matters with NWLDC. The loss of this money was most surprising. More information about the unexpected loss of this money can be found on the Osgathorpe Parish Council website.
The Section 106 money had enabled the OCPL to offer the current owner of The Storey Arms significantly more than its market value in order to encourage a sale. It would also have provided money to renovate the premises. The Parish Council and the OCPL are still keen to retain the pub in the village as it is an asset of community value and have secured further funding via members of the community. We have recently submitted a cash offer to buy the pub based on a professional valuation we commissioned earlier this year. Although this offer has been declined it does show that there is a buyer with cash funds who wishes the Storey Arms to remain as a public house. The offer remains on the table, with the owner’s agent, if the owner decides to sell in the future.
Unfortunately the pub remains closed with the owner showing no signs that he will reopen in the near future.