Music Venue Properties makes fourth purchase

Music Venue Properties, the independent Charitable Community Benefit Society supported by the #ownourvenues investment scheme from the Music Venue Trust, has made its fourth purchase.

The Booking Hall in the English town of Dover has been purchased by Music Venue Properties to avoid the 280-capacity venue being sold to property developers. 

Music Venue Properties was set up in 2022 to help protect grassroots venues in the UK.

The Booking Hall is located in a 165-year-old former train station and has welcomed artists such as Don Broco, Frank Turner and Soft Play. 

“Following the owner’s decision earlier this year to put the building up for sale, we were trying to purchase the building ourselves, but did not have the capital up front for a deposit,” explained Stuart Cameron, the owner of The Booking Hall.

“Without Music Venue Properties stepping in to purchase the venue, the most likely outcome would have been a property developer turning the building into flats/offices.

“To know that the venue is secure for many generations to come is a great relief and definitely something to celebrate. Having MVP as a landlord, one who shares our vision for the venue, enables us to plan for the future – both in the short term and long term.”

Matthew Otridge, chief operating officer of Music Venue Properties, added: “We are delighted to announce that The Booking Hall has become the fourth venue that MVP has moved into community ownership. As the only recognised grassroots music venue in Dover, it was crucial that MVP got involved when we did to safeguard this vital community hub.”

Last month, Music Venue Trust and Save Our Scene UK (SOS) linked up to launch the Liveline Fund, which will support the independent music scene.