Wales Co-operative Centre

Canolfan Cydweithredol Cymru

Co-operative aims to put life back into the centre of Cardigan

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A community project is hoping to raise enough money through selling shares to buy and rejuvenate part of Cardigan town centre.

Backers of the scheme are aiming to buy the old farmers’ co-op and surrounding buildings.

They intend to create a community shop on the site to promote local goods and produce, and also to use part of the land for cheap car parking. This will make it easier for shoppers to visit the High Street and support all local businesses.

Cymdeithas Cynnal a Cefnogi Cefn Gwlad, which translates as the Society to Sustain and Support the Rural Countryside, is aiming to issue 900 shares at £500 each.

The not-for-profit consortium has the backing of the town’s chamber of commerce and local assembly member Elin Jones.

She said: “This site is a really important site in the centre of Cardigan and it is in need of development and putting back into active economic use.”

Original article – BBC News

For more information about co-operatives in Wales, see the Wales Co-operative Centre’s website.

Find out about becoming more co-operative during Co-operatives Fortnight.


Written by C Kenzie

June 3, 2010 at 8:59 am

Posted in co-operatives

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