We have purchased 189 Portswood Road, the old Nat West bank. Thanks goes to all our supporters in the community, we wouldn't have been able to do it without you all. Please do pop in the new shop! Join our mailing list for more information.
October Books Have Bought The Bank!
SHOP CLOSURE AND SHOP OPENING!
From Monday the 29th October to Friday 2nd our current shop at 243 Portswood will be closed as we move into our NEW shop at 189 Portswood Road.
It would help us enormously if you could collect any book orders, and stock up on essentials, by the end of Saturday 27th October. Check out our sale, and make sure you don’t go without household essentials like toiletries, cleaning products by buying them before we close.
We are looking for able-bodied volunteers to help us lift and shift during that closure week.
We are also looking for able-bodied volunteers to help us pack and prepare on an ad-hoc basis in the run up to the 29th. If you can help us please email email@example.com
We will open the new shop with a Grand Opening on Saturday the 3rd November. We are so looking forward to welcoming you all – we can’t wait to share our new space with you, our community and the people that made it possible.
See you soon!
Buying the Bank: Loanstock Issue 2018
It’s official, come and support us on this exciting new chapter in October Books story. With your support we are organising the purchase of an old bank building in Portswood with the idea of creating a community hub in the space, so we can truly say we are ‘more than just a bookshop’.
This new venture will help to secure the long-term future of the shop as we will no longer be paying out excessive amounts in rent and it will be amazing for you all to support us in this venture. At this stage, we are announcing the offer of Loanstock Issue 2018 which will run from today 9th March to 31st May 2018. The Loanstock offer documents can be downloaded and completed and returned to us at the shop or to firstname.lastname@example.org with LOANSTOCK in the subject line.
Download the loanstock offer documents:
The documents contain information about loanstock, our current financial position and some information on long-term business and financial plans. Please do not hesitate to contact us if you need further information. The initial issue of loanstock certificates will be on the 21st March 2018.
Our most recent Annual Accounts and Report can be downloaded here. Please do not hesitate to contact us if you have any questions.
Download our most recent Annual report:
Membership application documents can be downloaded here.
Members will have a vote at Members’ Meetings and be able to stand for the Management Committee. You do not have to be a Member to buy loanstock and you do not need to buy loanstock to become a Member. Membership is a one-off purchase of a £5 share which is non-redeemable, non-transferable and becomes void if you cease to be a Member.
For more information about membership, click here.
We look forward to seeing you soon and co-creating a new story for October Books.
The October Books Team – Annabel, Clare, Jess, Joey and Jaquie
Bid to Buy the NatWest Bank
We are really excited to announce that our proposal to buy the old NatWest bank in Portswood has been accepted in principle. As many of you know, we have been looking for new premises and the NatWest bank building provides more than enough space for the relocation of the bookshop. The bid was a consortium proposal with collaboration with other local organisations, including the Society of St James and Social Enterprise Link Wessex. We have until March 23rd to raise most of the funding required.
The proposal requires £300,000 of community funds plus a loan in order to make the purchase possible. This seems like a big ask, but we have over £70,000 already pledged by community members and supporters of the scheme, which will see the space develop into a community hub. The plans are not finalised yet as we had to move quickly in order to make the most of this opportunity but we imagine the space to provide rooms for hire for community events and health and well-being activities, a social enterprise hub as well as supported housing for the homeless.
We are asking you, our community, to pledge funds for a minimum of five years to make this project possible. This is your opportunity to be a part of a new kind of High Street, one where you are involved and one which you can help to create. This is such an exciting opportunity and we need your help to make this happen.
Please pop in to the bookshop for more details or write to us email@example.com.
P.S. If you’d like to have a look at the plan for the bank building, you can download it here.
Exciting new chapter for October Books
‘October Books is starting a new chapter as it seeks to move into new premises in Portswood in 2018. It wants to reviltalise it’s community role and it wants you to be part of it. Will you?’
- Do you know of suitable premises in the Portswood area?
- Do you want to contribute financially to the setting up of a new community hub?
- Do you know of an organisation or other community business that would like to share premises
- Do you have expertise in financial and business planning, project management or other skills that might be helpful?
- Could you offer time volunteering in the shop or behind the scenes?