Owner of Ulva sup­ports buy-out

The Oban Times - - NEWS -

THE com­mu­nity of Ulva has raised more than £10,000 to­wards the pur­chase of the is­land.

How­ever, the five res­i­dents will have to raise a lot more if they are to buy Ulva, which has a price tag of £4.5 mil­lion.

On Oto­ber 9, the North West Mull Com­mu­nity Wood­land Com­pany was granted the right to buy. This gives them an eight-month pe­riod in which to de­velop a busi­ness plan and raise money.

‘We have ap­proached High­lands and Is­lands En­ter­prise and the Scot­tish Land Fund (SLF) for as­sis­tance in de­vel­op­ing our plans,’ the or­gan­i­sa­tion said. ‘We have al­ready car­ried out a fea­si­bil­ity study which is now in late draft stage.

‘The pur­chase price is cer­tain to be above the nor­mal max­i­mum of £1 mil­lion for SLF sup­port. Sub­stan­tial ad­di­tional fund­ing will be re­quired if we hope to con­vince the SLF to go be­yond its nor­mal limit. The dead­line for rais­ing the money and con­clud­ing the pur­chase is June 9, 2018.’

The is­land is owned by the Howard fam­ily, who have been the ‘priv­i­leged cus­to­dian’ of Ulva for around 70 years.

Jamie Howard said: ‘Our only wish now is that who­ever the fu­ture own­ers/cus­to­di­ans turn out to be, this is­land will con­tinue to be the mag­i­cal and un­spoiled re­mote He­bridean beauty it is today and that it may re­main open to all who wish to visit to ex­plore this unique trea­sure.

‘Jamie Howard will con­tinue his sup­port of this com­mu­nity for the near fu­ture and wishes the North West Mull Com­mu­nity Wood­land Com­pany well.’

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