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Music Venue Properties Buys The Joiners and The Croft, Securing Community Ownership

Community investors have driven nearly £4m to a model that buys freeholds, granting cultural leases for long-term security.

Overview

  • Music Venue Properties purchased The Joiners in Southampton and The Croft in Bristol, placing both into community ownership with permanent protected status.
  • The acquisitions expand the community-owned portfolio to seven grassroots venues nationally under the Own Our Venues initiative.
  • Since 2022, the campaign has raised almost £4 million, with more than 2,000 people buying shares through the community offer.
  • The current fundraising phase has reached 82% of its £1.5 million target and runs until November 14 to bring seven additional venues into community ownership.
  • MVP’s cultural lease fixes fair, sustainable rent, contributes to essential maintenance, and provides operational support to stabilize venue futures.