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Great Southern Herald - - Front Page - Saskia Adysti

If all goes to plan, Katan­ning’s 98-year-old co-op will re­open in Jan­uary, un­der the guid­ance of new owner Adrian Richard­son.

We also have to up­grade and ren­o­vate the place and re­stock the shop. It will take a lot of ef­fort and time, but we’re look­ing to re­open it late Jan­uary next year. Adrian Richard­son

Katan­ning co-op could re­open by late Jan­uary.

New chair­man Adrian Richard­son said he hoped to re­open the coop in late Jan­uary af­ter all the le­gal pa­per work and shop ren­o­va­tions are com­plete.

Mr Richard­son signed a for­mal con­di­tional agree­ment last Fri­day with the co-op’s liq­uida­tor for the sale of its land and build­ing.

How­ever, co-op liq­uida­tor Neil Cribb said the fi­nal sale set­tle­ment would oc­cur at the end of the month.

“For­mal con­di­tional agree­ments were signed to­day by Mr Adrian Richard­son on be­half of the pur­chas­ing par­ties, for the sale of spec­i­fied as­sets of the BKW Co-op­er­a­tive in Katan­ning,” he said.

“Whilst the agree­ments re­main sub­ject to the pur­chaser’s con­di­tions, the agree­ments pro­vide for set­tle­ment to oc­cur no later than Novem­ber 30, 2018.”

Emu Lane Cafe own­ers Julie and David Har­ries, who op­er­ated their busi­ness from in­side the co-op build­ing have also in­di­cated their re­turn when the co-op re-opens.

In the mean­time, Mr Richard­son is pre­par­ing the shop with new stock and re­fur­bish­ing it.

“There are still some con­di­tions to be met be­fore set­tle­ment,” he said. “We also have to up­grade and ren­o­vate the place and re­stock the shop. It will take a lot of ef­fort and time, but we’re look­ing to re­open it late Jan­uary next year.”

Mr Richard­son said he re­ceived fi­nan­cial sup­port from 17 lo­cal busi­ness groups in Katan­ning, Broome­hill and Woodanilling, who were ral­ly­ing to save the co-op.

Their ini­tial of­fer was first re­jected by the ad­min­is­tra­tor but their sec­ond of­fer proved to be suc­cess­ful.

Katan­ning co-op’s new owner Adrian Richard­son.

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