A special building is now back in
the hands of our community
We now own Capel Bach!
With the help of new shareholders, Menter y Plu have purchased Capel Bach (formerly Capel Cariad), Llanystumdwy and aim to run it as a successful holiday let, for the benefit of the community. Next door to Tafarn y Plu, it was built in 1831 and became a private holiday accommodation.
A boost to the venture
Sustain and increase the income received by Menter y Plu over quieter periods.
A Welsh experience
Offer a full cultural and linguistic experience to the guests.
Promote local business by encouraging the guests to spend locally and try local produce.
Our vision for Capel Cariad matches the idea of community tourism – making sure that our communities fully benefit out of the tourism industry.
“In order to empower our communities to re-purpose our foundational, local economies for our benefit, expression of a positive and true image is vital. It strengthens the confidence of our people. The social benefit of re-purposing tourism into ‘community’ tourism generates gains in the cohesion of our community and the local economy.”
A sustainable business
We have scrutinized the cost of purchasing Capel Cariad and also the revenue of the current business at Capel Cariad, and it is believed that the business model is viable, increasing the pub’s income which will be of assistance to overcome quieter periods. The committee believes that this is an excellent opportunity to diversify and increase Menter y Plu’s income sources.
We have created a 10 year cash flow projection which assumes we raise the minimum of £22,000.
Before investing, we would like you to read our share offer document which includes the terms and conditions.
We had a very positive response from our shareholders, with some raising valid questions and concerns about the idea. Here we try to answer these questions and concerns. Contact us if you have any further questions.