Shares offer in bid to create venue for big-name bands

RESIDENTS of a Yorkshire city are invited to buy a £200 share of a co-operative venture which aims to attract big-name bands to a proposed 800-capacity live music venue.

Unity Hall in Westgate, Wakefield began life in the late 1800s as the headquarters of the Wakefield Industrial Co-operative Society and that same spirit of co-operation is helping bring about a new lease of life.

Although the redbrick and stained glass facade is impressive, the inside is a maze of corridors, rooms and staircases in need of a £4m makeover.

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The centrepiece is an old ballroom, complete with a false ceiling which obscures impressive stained glass work, one of many period features to be preserved.

Now, the community co-operative members behind the plans have issued an appeal to people to be a part of the project.

Among those who have put in their own money is Chris Morse, 28, a music promoter in Wakefield, who says the city is missing out on bands because of a lack of decent-sized venues with the right equipment.

He says “up and coming” musicians are well catered for in the city but once they have made a name for themselves it becomes harder to entice them back because of the need for a big venue. He helps bring bands to The Hop in Wakefield, which can cater for a crowd of 200, but he says Unity Hall is the venue the city desperately needs.

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“It would be very good for the city,” he told the Yorkshire Post during a tour inside the dusty and litter-strewn building.

“There’s definitely a market for big gigs in Wakefield. I’m excited by this project. Unity Hall will not be a faceless music venue like some; it has got character.”

Mr Morse is one around 150 people involved in the co-operative, although to date only £25,000 has been raised in total (from 55 shareholders) towards the target of £200,000.

The man leading the campaign to get more on board is Chris Hill, a founding director of the Unity Hall co-operative who also works for Leeds-based regeneration body Shine. Mr Hill is “optimistic” that the target can be reached in the final two months of the share issue.

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He said the big givers of grants, who will contribute the vast bulk of the £4m required, wanted evidence that the project was well supported by local people who would be running and using the venue.

The project, which is backed by the modern-day Co-operative organisation, has already raised about half of £4.4m it requires.

Shares in Unity Hall start from as little as £200 with the maximum investment capped at £20,000.

A dividend of around six per cent per annum is planned after three years of trading and members will also be celebrated in a piece of public art within the building. For more information visit unityhallwakefield.co.uk.