SALTBY
The Nags Head Community Buyout
Securing the pub's future
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The current landlords of nearly two decades, wish to retire and hence the pub is up for sale. Saltby needs to retain the Nags Head as a pub, otherwise we would lose our only communal meeting place.
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Through community ownership, we plan to secure the pub’s future, protect it from any potential changes in use and ensure it remains a vibrant and steadfast asset for generations to come. We are therefore in the process of buying the pub as a Community Business Society, bought by and for the local community.
The Steering Group
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As a community we have formed a Steering Group and are progressing well on the journey of buying the Nags Head as a Community Pub.
Our steering group aims to acquire the freehold of the Nags Head and, through the appointment of an experienced tenant, under a favourable lease, establish a thriving community pub at the heart of our village. Our vision is to create a welcoming, viable, rural pub known for the quality and value of its food, drinks, and services, while actively supporting the local community. The pub will serve as a meeting place for groups, teams, and organizations, fostering connections and enhancing social cohesion. It will be a space where all members of our community can relax, enjoy conversations, friendships, refreshments and strengthen bonds, promoting both physical and mental well-being while reducing social isolation. The Nags Head will continue to be the heart of our rural community—truly “More than a Pub.”
Our Vision for the Nags Head
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It will be a space where all members of our community can relax, enjoy conversations, friendships, refreshments and strengthen bonds, promoting both physical and mental well-being while reducing social isolation. The Nags Head will continue to be the heart of our rural community.
Expected Timeline & Fundraising
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We will shortly be adding our business plan to this section. In the meantime the action committee holds periodic open meetings to keep everyone updated and in addition news and updates will be posted on both this website, our community pub website and the local Facebook pages.
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Financial Target £450,000
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Potential pledges so far £249,500 (55%) and adding in additional funds also raised so far £1541.16 = 56%
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SALTBY
Prospectus
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We will soon be in a position to offer out a prospectus to any interested parties within or outside our immediate geographical area, detailing how people can purchase shares in the Community pub, how that will work, and how donations can be made towards our fundraising. We have a target of £450,000 which will cover the purchase price of the property freehold, necessary fixtures and fittings, legal and surveying costs as well as additional funds providing working capital and a contingency fund.
With no grant options currently available to help our cause, every share sold and donation made will go a long way to help us achieve the purchase of The Nags Head for our community.
Reviews
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If you're looking for a reliable and welcoming venue for a group, The Nags Head in Saltby is our top recommendation. We’ve never had a bad experience, and we’ll continue to choose it for our future gatherings.
Frazer Jolly, Saltby Estate
We have lived in Saltby since 2007. The Nags Head was the first place we visited when buying our house and has continued to be an important part of our families life in the village. 5 stars.
The Quilter Family
The Nags is the place to be, for casual drinks with friends, a good meal and for events of all sorts. Because of the welcoming environment of the Nags, we've gotten to know so many people from Saltby and neighbouring villages
Suzanne Loveday
I enjoy Kathy’s lovely home cooked meals every week, and spending quality and fun times with new friends. The pub has a fabulous atmosphere and there is always something in the calendar to look forward to!
Saltby resident since 2023
