Local residents in Clevedon are buying shares in a bookshop to save it from closing.

The store in Copse Road is due to shut because it's owner is retiring, and twenty-thousand pounds is needed to relaunch it.

So far more than 150 people have invested at least £10 in shares raising about five thousand, and loans and grants worth another ten grand have also been secured, so it's hoped the business can open under new ownership on New Years Eve.