'Community asset' shop taken off the market

Alison Morris, Steve Lunn, centre, and Phillip Dove from Wolvercote Community Benefit Society outside the shop

Alison Morris, Steve Lunn, centre, and Phillip Dove from Wolvercote Community Benefit Society outside the shop

First published in News Oxford Mail: Photograph of the Author by , Council Reporter, also covering Oxford city centre. Call me on 01865 425429

A shop in Wolvercote has been taken off the market for the foreseeable future.

The Post Box in Godstow Road was for sale and a community group had attempted to buy it to make sure it was saved.

But after the group was unable to reach a deal with owner Colin Crozier, the general store went back on the open market.

Mr Crozier, who lives in Kidlington, said: “I have taken it off the market because there has been a change of plan.

“We have had offers for it but there is more involved than just the price that I didn’t realise at the time.

“If we got an offer for the shop we would consider selling it but it has to be the right offer at the right time. If the circumstances were right and they came up with an offer I would have no objection to selling it to the community group.”

Last year the shop was put up for sale but was also registered as an asset of community value by Oxford City Council.

This triggered a six-month moratorium period during which the shop could not be sold, allowing the Wolvercote Community Benefit Society to raise the necessary funds.

More than 100 residents expressed an interest in purchasing shares, as did businesses which supply the shop.

The community group made several offers but Mr Crozier rejected them as they were too low.

Steve Lunn, a member of the community group, said: “We offered what our valuers tell us is the right price and he thinks it is not enough. At the moment we are going through a consultation exercise with our potential investors. We are asking them whether they are happy to leave it at this or increase our offer.

“It is probably fair to say that although we have not succeded in buying the shop we have succeeded in making sure it remains a shop into the foreseeable future.”

While the moratorium on the site has now ended, the shop will remain a community asset until January 23, 2015.

Mr Lunn said if the shop is ever put back on the market the community asset process can be done again.

  • Our top stories:

One lane closed southbound on M40 near Bicester after crash

Oxford Mail: Lorry jackknifes on M40 causing traffic tailbacks

1:38pm Friday 27th February 2015

ONE lane of the M40 southbound has closed after an accident.

I have no hard feelings against Oxford United, says former U's boss Gary Waddock

Oxford Mail:

11:00am Friday 27th February 2015

GARY Waddock says he feels no bitterness towards Oxford United as he prepares to face the club for the first time since being sacked last summer.

Banbury-born Gary Glitter jailed for 16 years for abusing schoolgirls

Oxford Mail:

11:57am Friday 27th February 2015

Gary Glitter has been jailed for 16 years for a string of historic sex attacks on three schoolgirls.

U-turn as leader says decision to axe council chief ‘hasty’

Oxford Mail:

9:00am Friday 27th February 2015

THE decision to axe the top job at Oxfordshire County Council will be reviewed after its leader admitted he rushed it through.

Road users beware as £3m cut from the repair budget

Oxford Mail:

8:30am Friday 27th February 2015

MOTORISTS and cyclists will face bone-shaking journeys on county roads after cuts of nearly £3m in the road maintenance budget were approved.

Town Hall will fly rainbow flag in support of LGBT

Oxford Mail:

8:30am Friday 27th February 2015

A RAINBOW flag will today fly from the town hall in Oxford to mark the 10th anniversary of LGBT month.

‘Why not get on board girls and be a bus driver like me?’

Oxford Mail:

8:00am Friday 27th February 2015

WOMEN are being urged to jump into the driving seat of the city’s buses and take up a new career.

Schoolboy is earning his stripes with role in new Holocaust play

Oxford Mail:

7:00am Friday 27th February 2015

ALMOST a year after he made his professional stage bow opposite Jason Donovan, a Carterton schoolboy has started touring the nation in a new play.

Football boss cries foul over parking shortage at ground

Oxford Mail:

6:30am Friday 27th February 2015

THE chairman of a football club has said there will not be enough parking for players and fans at its new ground.

Councils near to finding new base following arson attack

Oxford Mail:

6:00am Friday 27th February 2015

ABOUT 400 staff from two councils in South Oxfordshire can expect to move into a new office in May following the devastating fire earlier this year.

Decision to axe the role of chief executive at Oxfordshire County Council could be overturned

Oxford Mail: Joanna Simons

4:34pm Thursday 26th February 2015

A DECISION to axe the role of chief executive at Oxfordshire County Council could be overturned. 

Ex-wife in court after malicious false claim her husband was a paedophile

Oxford Mail:

9:00am Thursday 26th February 2015

AN EX-WIFE launched a malicious campaign against her former husband in which she claimed he was a paedophile, a court heard.

Woman goes missing in Oxford

Oxford Mail:

4:45pm Thursday 26th February 2015

A 22-year-old-woman from Oxford has been reported missing.

Stornoway and Joan Armatrading join line-up at Towersey

Oxford Mail:

5:32pm Thursday 26th February 2015

FOLK-pop band Stornoway have been added to the line-up of this year's Towersey Festival.

Comments

Comments are closed on this article.

Send us your news, pictures and videos

Most read stories

Local Info

Enter your postcode, town or place name

About cookies

We want you to enjoy your visit to our website. That's why we use cookies to enhance your experience. By staying on our website you agree to our use of cookies. Find out more about the cookies we use.

I agree