Introducing a Community Land Trust for Somerset - tenant managed rental and community enterprise incubation

Our mission is to provide sustainable and affordable housing, and workspace for community enterprises, in Somerset; while promoting co-operative principles and equality of opportunity.
The values that guide us in doing this are grassroots empowerment, sustainability, mutuality, community and equality.
To find out more, please check the options in the menu bar to the left, or download our leaflet below.

SCCLT is a new co-operative society, registered under the Industrial and Provident Societies Act 1965, working to address the chronic shortage of affordable sustainable housing in Somerset, at the same time as creating incubators for new and growing community enterprises.
Unlike other community land trusts, we see our main focus as being urban development where we add value to sites by mobilising volunteers and designing imaginative conversions; and keep costs low by reusing buildings and employing low impact building methods. We are also unusual in placing tenants at the heart of our governance structure, so that the land trust is always accountable to its intended beneficiaries.

Last year we attempted to buy Hertford House - and despite huge support from social investors, we were unsuccessful. Nothing daunted, we have learnt our lessons and returned with a new proposal: one that is easier to get off the ground, but has just as much exciting potential for social change. 10 East Reach is a listed building in the heart of Taunton's shopping area, and has the potential for development of dozens of affordable flats to its rear (subject to further acquisitions which we think are plausible). Even without further development it can deliver four flats and a shop front for community enterprises in Taunton.

Please read the flyer - available for download below - and share with your friends. You can contact us for a copy of the offer document at landtrust@somerset.coop.

Meeting the target and buying the property will enable us to pay interest on the shares at the rate of 4% each year. If we cannot raise the full amount, or if we are unable to confirm any of the contracts on which the business depends, we will not use your money but will promptly return it in full. Somerset residents are still welcome to join with a minimum investment of just £100 (which can be split into four £25 installments); however, larger sums will help us greatly.

Email us now to request a copy of our current offer document - or with any other enquiries: landtrust @ somerset.coop

Please download our leaflet below and feel free to circulate it widely. If you are interested in becoming a tenant, please click on 'tenancies' in the menu.

Somerset Co-operative Community Land Trust is a Co-operative Society registered with the FSA number 30745R; registered office as for SCS, below.

AttachmentSize
Flyer Mar 2013 web.pdf648.08 KB