We’re still going!
Possession has been granted to Jerwood Trading Ltd from the 5th of May 2011. This means that bailiffs can arrive with the lawyers of Jerwood at any time from that date. They plan to auction off the buildings through the auctioneers Maggs and Allen.
Meanwhile we are in negotiations with the lawyers of Jerwood with a view to buying the property off them. We have formed a legal co-op that will administrate it all. The last valuation of the buildings was negative£100,000, which puts us in quite a good position. People seem to want the freeshop and emporium to keep going so this is an avenue we are hoping will succeed. [Read More]