A much-valued community store and post office has been saved after its town council stepped into save the building.
The building hosting Stratton Post Office and community store at 1, Lords Court, was under threat after it had been placed up for sale.
The council said it had become aware of a threat of closure to Stratton Stores last year and had received many letters of concern about the detrimental impact the loss of such an important amenity would have on the community.
After months of consideration by Bude-Stratton Town Council, the town council decided to place bids for the property in order to save it for the local community. It won the auction after securing the building for £275,000.
The property bought by the town council includes two flats and two bedsits, and the Council says it intends to make improvements to the property yet maintain reasonable rents for local people.
Cllr Sian Dearing said: “This is an exciting opportunity to save a valued shop and Post Office at the heart of the community, which also meets this and the previous Council’s aspirations to provide housing for local people.”
The news was also welcomed by the area’s Cornwall Council member. Cllr Peter La Broy, the Cornwall Council member for Bude explained: “Purchasing this property is a big commitment made by BSTC to the people of Stratton. It will enable a solid future for the shop and provide several homes at reasonable rents for local people.
“The council as a responsible landlord can be trusted to look after the property for the long-term, and while the property will need some refurbishment and there may be some disruption whilst repairs and modernisation are done, I feel sure most people will be glad that we have made this ambitious move to secure homes and the shop for Stratton.”
Bude-Stratton Town Council says that the conveyancing process on the property is due to complete by mid-April and there will be more details in the future as the project progresses.
Cllr Michael Dawe said: “Guaranteeing the future of Lords Court protects a vital shop and post office, secures local employment and also responds to the need for housing which was highlighted by the Housing Survey conducted last year.”