Severn Valley Railway steams past £1m mark in funding drive
Severn Valley Railway has raised more than £1 million in its ongoing funding drive to redevelop Bridgnorth station.
The railway’s Share Offer programme, launched late last year, managed to top the million pound mark last week.
People are able to buy shares in the redevelopment for just £1 each to contribute to the redevelopment.
Passing the £1m mark will help the railway to meet their target of £2.5m by the end of October this year. The share offer proceeds will be used to provide much-improved visitor facilities at the station, as well as preserving the existing station – built in 1862.
The project is the most ambitious in the railway’s 52-year history and will provide better road access with enhanced car parking to accommodate higher visitor numbers at the northern end of the line.
Railway chairman, Nick Paul CBE, said: “Reaching the million mark is a real achievement in just four months and we’d like to thank everyone who has already invested, the length and breadth of the country, for their support.
“Achieving the seven-figure mark just ahead of the start of the steam season is re-assuring but we are not yet halfway and the clock is really ticking as the share offer must close at the end of October. For that reason, I’d urge anyone considering investing to get in touch with us and to make their investment sooner rather than later.”
Full share offer information can be found at www.svr.co.uk/shareoffer or by calling 01562 757900.
Alternatively, those wishing to donate to the Bridgnorth Development Fund without purchasing shares can do so via the Severn Valley Railway Charitable Trust. Go to www.svrtrust.org.uk to download a Bridgnorth donation form.