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Former Enterprise site succeeds as community-run pub

By Emily Sutherland

- Last updated on GMT

Former Enterprise site succeeds as community-run pub

Related tags: Stock market, Tottenham hotspur f.c., Local food

The Antwerp Arms has become north London’s first community-run pub after it opened its doors last month.

Nicknamed the Annie by locals, the former Enterprise pub in Tottenham is now owned by a community group of 300 shareholders and run by a 12-strong management committee.

The Antwerp Arms was first listed as an asset of community value in 2013. Local residents set up the Antwerp Arms Association which used money raised from selling shares alongside a grant of £285,000 from Social Investment Business to make an offer last November.

Management committee member Ashley Grey told the PMA that the atmosphere at the pub had been “fantastic” since its re-opening and it had beaten all its financial targets in the first week.

“We’ve got a number of commitments that we’ve made to the community. These include reviving the local economy by providing jobs, which we’ve done, using local produce and really making the pub a space for everyone from families to senior citizens,” she said.

“When I first arrived in the area the Annie was quite a faceless pub that was only really for Tottenham Hotspur fans on match days. Now it’s very much a place for everyone.”

Grey added that although she was enjoying getting involved in the day-to-day running of the pub, she had “no idea how publicans do it. I’m exhausted”.

She emphasised that the management committee was keen to involve as many supporters as possible in the pub’s future, with plans for shareholder events, and to develop a food offer majoring on local produce and beers from local suppliers, including North London-based brewer Redemption.

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8 comments

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Financial Success

Posted by Steve Evans FBII,

Fantastic that the pub has exceeded it's financial targets.....and rewarded the staff with a PAY CUT taking them down from the LONDON LIVING WAGE, as contracted, to £8 per hour!!
Well done Committee and Shareholders for honouring your commitments to the Community!

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Veritas

Posted by ken nason,

But of course the newly arrived tenant always has choice in what they do.

This is not an easy trade within which to make money, it never has been which is why those who look at is a way to wealth fall by the wayside so easily, usually complaining that it is someone else's fault, not theirs.

It is quite a difficult job running a successful pub by committee(ask any club steward)and more difficult than a freehold.

So the good wishes are well placed as they have a way to go before being a profitable viable success is announced.

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Old News

Posted by Robert Feal-Martinez,

Veritas you now appear to have what you've all wanted, ie SC & MRO, albeit still being 2 years off in all reality.

So isn't it time to move on. If what you say is true then no one will be taking leases until new regime, will they.

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