New chapter for Clevedon bookshop faced with closure
A local community in Somerset has been buying shares in its secondhand bookshop to help save it from closure.
The store in Copse Road, Clevedon, had been threatened with closure because its owner was retiring after 14 years.
Clevedon Community Bookshop Co-operative needed to raise £20,000 to renovate and relaunch the shop so offered shares to the community.
A co-operative spokeswoman said it had received an "incredible amount" of support for the venture.
"Our members and volunteers have now begun refurbishing the store.
"We think it's important for the character of small independent shops to be preserved," she added.
So far more than 150 people have invested at least £10 in shares - raising about £5,000.
Loans and grants for another £10,000 have also been secured and it is hoped the business will open on 31 December.
The venue also plans to run reading groups, writing groups, poetry sessions and literary events.
The shop is also being supported by The Co-operative Group.
Spokesman Michael Fairclough said: "This is another example of a determined community having a say in the running of a business or services important to them."