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Somerset Co-operative Community Land Trust

Somerset Co-operative Community Land Trust

£500 minimum

Risk factors

All investment and commercial activities carry risk, and investors should consider whether Somerset Co-operative CLT is a suitable investment for them in light of their own personal circumstances.

 This offer is not covered by the Financial Services Compensation Scheme.

General investment risks

  • Offer Shares will not be transferable or traded on a recognised stock exchange.
  • Members wishing to withdraw their share capital will be able to apply to the Board for this purpose after the fourth year of operation (2020). Withdrawal of share capital is at the sole discretion of the Board.

Risks specific to Somerset Co-operative CLT

  • The share offer may not raise minimum amount;
  • Cost overruns on building work;
  • Failure to secure further planning permissions;
  • Objections from neighbours;
  • Loss of key personnel;
  • Damage to files and records;
  • Delinquent tenants;
  • Cash shortages prevent withdrawal after three years;
  • Universal credit;

Somerset Co-opertive Community Land Trust has undertaken a series of mitigation measures to reduce the risks stated above, and confirmed that this project is still affordable even at the minimum investment.

This list is not necessarily comprehensive and you should read the business plan to see what mitigation strategies Somerset Co-operative CLT have in place for each risk and consider other risks which may impact upon your investment.

Offer Closed

 As of the 31st Jan 2019 this offer is closed

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