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An Antiques Roadshow expert has bought a former chapel for 60K to convert into a home and workshop - and is calling on others to ‘save these historic structures’.<br/><br/>Wayne Colquhoun, 60, bought Capel Salem in Corris in Wales - which still had a pulpit with a Bible in.<br/><br/>He says he fell in love with the 1868 romantic slate structure which had fallen into disrepair.<br/><br/>The Grade II listed chapel upkeep became too expensive for the diminishing congregation and was on the market in 2017. <br/><br/>Across Wales, chapels fall into the landscape through disrepair, demolition or ‘insensitive conversion’.<br/><br/>He bought the chapel for £60k, transforming the upper gallery into a three-bed apartment, adding floorboards covering half the gallery.<br/><br/>Wayne said: “When I bought it the bible was still on the pulpit, as though the congregation had walked out and closed the door.<br/><br/>“When people close the doors on old buildings- that’s the danger point. It gets damp and dry rot sets in.<br/><br/>“These historic structures are evocative of Welsh history and have to be saved - we need people who will put their heart and soul into them because it’s easy to butcher conversions.”<br/><br/>He aims to maintain the lower space and Canadian pitch pine panelling for use as his Antiques and Fine Art shop, moved from Liverpool, plus a pottery and sculpture workshop.<br/><br/>He aims to keep as many original features of the property as possible, from its single-glazed arched windows to reusing the pews as kitchen work surfaces.<br/><br/>Nearby, three chapels closest to Capel Salem have closed permanently to worship.<br/><br/>Wayne is in the process of transforming the lower level into his antiques and fine art shop. <br/><br/>He hopes to hold talks and workshops in the space, aiming to build up to employing locals and 'giving back' to the community.<br/><br/>Just 500 feet away sits Holy Trinity Church which closed its doors in 2020 not through lack of attendance, but through disrepair.<br/><br/>Neil Sumner chair of Welsh Religious Buildings Trust wrote that the redundancy of chapels in Wales is due to a 19th century ‘expansionist fervour’ of Nonconformist Chapels (i.e. Baptists, Congregationalists, Methodists).<br/><br/>In 1800 Caernarfonshire there were 30 chapels, rising to 221 in 1851, representing a 700 per cent increase.<br/><br/>Combining this flurry of builds with the 20th-century fall in attendance, Sumner wrote “the result is there are now too many buildings for current needs”.<br/><br/>In an attempt to preserve the character of the increasing chapel conversions, historic environment service Cadw has issued guidelines including keeping the front of the chapels untouched, retaining rooms with self-supporting partitions and allowing ‘characteristic features to show through the new walls and floors’.<br/><br/>Meanwhile the Buildings Trust attempt to conserve Welsh chapels through fundraising and management.<br/><br/>After leaving school Wayne went on to become a specialist in the restoration of historic and listed buildings. <br/><br/>Wayne has run an art gallery for over two decades and is an indepe

Antiques Roadshow expert restores former chapel he bought for 60K

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<p>An inquest into the death of a 12-year-old girl who suffered a severe asthma attack</a> at a Medway school has heard how staff did their best to save her life. </p><p>Pearl Unu-Arubi went into cardiac arrest at Rochester Grammar School in March last year. </p><p>Also in today's podcast, a Kent MP has weighed into the debate about introducing a smacking ban.</a> </p><p>Doctors have warned the current laws are \

Podcast: Staff 'tried their best' to save the life of 12-year-old girl who suffered asthma attack at Medway school

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Staying small is working out big time for Shore Capital. Their average internal rate of return on its 14 exits, all in health care, is 53%, net of fees. That’s nearly triple the average net IRR of U.S. buyout funds raised since 2009, according to data from Cambridge Associates. After Shore took its 20% to 30% cut of profits, its exits multiplied investors’ money by 5.5 times on average, also nearly triple the average total value to paid-in capital multiple of U.S. buyout funds raised during that period. Shore has never unloaded a company for less than three times cost before fees, nor, it says, has it ever suffered a loss. “Those are top 1% returns in private equity,” marvels one investor who asked not to be identified, citing his organization’s press policy. “That’s rarefied air, right? That’s more like venture capital than a traditional buyout firm.”<br/><br/>Ishbia and his team have acquired more than 1,000 mom-and-pop shops across the country (average cost: $15 million) since Shore’s 2009 founding and rolled them up into 61 larger chains of things including autism treatment clinics, bakeries and exterminators. “We’re buying businesses in Akron, Ohio, and Pittsburgh, and Birmingham, Alabama,” Ishbia says. “There’s more low-hanging fruit for me. It’s Joe Schmo on Main Street.”<br/><br/>Shore then invests in computer systems and equipment, stacks the businesses’ boards with industry veterans and hunts for complementary companies in adjacent markets. “We’re just buying and buying and buying,” says Ishbia, who insists Shore doesn’t take on as much debt as other private equity firms and doesn’t cut services or head count. “The private equity world gets a bad rap for ‘buy this, slash that.’ We are growth—we have almost 35,000 employees and hire thousands per year.”<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/mattdurot/2024/04/08/this-main-street-billionaire-bought-over-a-thousand-small-businesses-and-never-lost-a-dime-justin-ishbia/?sh=3140aa9e39ee<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.

This Billionaire Bought Over A Thousand Small Businesses And Never Lost A Dime

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BilyBazaar is one of the largest and most popular online marketplaces in Bangladesh. It offers a wide range of products, including electronics, fashion, beauty, home essentials and many more!..<br/><br/><br/>

Bily Bazaar is Bangladesh's Number One #1 e-commerce seller site and top online shop for Fashion, Electronics, Mobile Phones and many more!

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