Historic pub receives £452,700 government boost to secure its future

Clwyd South MP Simon Baynes has welcomed news that the UK government is to provide £452,700 in funding to help Owain Glyndwr Community Hotel Ltd to purchase and refurbish the famous Corwen landmark. 

The Grade II listed building can trace its origins back to the 14^th century. It served as the site of the first public Eisteddfod in Wales in 1789 and is one of only eight surviving coaching inns along the historic London to Holyhead A5 route. 

The current owner of the hotel has been looking to sell in recent years, and there has been a notable local campaign headed by Corwen Town Councillor Dr David Counsell to purchase and refurbish the site for the benefit of the local community.

 

The £452,700 in funding will come from the UK government’s Community Ownership Fund which opened in 2021 to support community groups to take ownership of assets which are at risk of being lost to the community. 

In addition to the funds from the UK government, the Owain Glyndwr Community Hotel Ltd have also independently raised over £164,000 through share sales. 

 

Across the UK, the Department for Levelling Up has announced £33.5m today to save more than 80 projects in our communities. Of these, six vital community spaces in Wales have been saved from closure thanks to £3.1m from the Department for Levelling Up’s Community Ownership Fund.

* Simon Baynes MP and Cllr Dr David Counsell outside the Owain Glyndwr Hotel in Corwen in 2022.

 

This funding for the Owain Glyndwr Hotel comes on top of the £13.3 million Clwyd South Levelling Up Fund, secured by Simon Baynes MP from the UK government in 2021, which contains a substantial package of investment in Corwen Station, the town centre and the surrounding area.

 

Mr Baynes said: “I am delighted by the news that the UK government has approved the Owain Glyndwr Community Hotel Limited’s Community Ownership Fund application. 

"The £452,700 awarded will cover top up funding for the purchase, revenue funding to cover any trading shortfalls in the first 12 months and will kick start the refurbishment programme.

 

"I was very proud to back this campaign and I have been enormously impressed by everyone involved, including Cllr Dr David Counsell and County Councillor Alan Hughes, all of whom should take great pride in their work helping to save this historic landmark for future generations.

 

"Since I was elected as the MP for Clwyd South in December 2019, I have been particularly keen to support the beautiful town and community of Corwen, which has suffered from a lack of investment. I am very pleased to have helped bring significant Levelling Up Fund investment to the town from the UK government so that Corwen can realise its great potential and prosper in the years to come.”