Shares

Sheffield Live! Community Investment Offer

At the corner of the site of Sheffield’s former mediaeval castle and looking across to Lady’s Bridge, is a property with the potential to become a vibrant location for new creative activity. The building at 42 Waingate is a former public house, originally called the Bull and Mouth Inn and more recently known as the Tap and Barrel. Its place and heritage at the centre of historic Sheffield presents a rare opportunity to bring community arts and media into the heart of the city, to celebrate the diversity of our voices and creativity, and to secure a unique and characterful property for community ownership and community use.

Sheffield Community Media Limited is a community benefit society established in 2012. We seek to educate, inspire and engage through media, creativity and social enterprise. Our vision is to create a permanent city centre home for community arts and media, creativity and co-operation while retaining the character of the former pub – a welcoming and accessible place with studios, performance areas, live events and a public café and bar.

We are inviting the public to subscribe to our offer of Community Shares to support the refurbishment and fit out of 42 Waingate as a community arts and media centre and to bring the building back into public use. Holders of Community Shares will be Members and co-owners of the Society and its collective assets, including this historic freehold property.

The Community Investment Offer is live on Crowdfunder via this button:

We are also offering an opportunity for our new and existing community shareholders to invest in Community Bonds. These are fixed term investments of 1, 3 or 5 years, with no additional voting rights and fixed interest rates of 3%, 4% and 5% respectively. No member may hold more Community Bonds in nominal value than they hold in Community Shares.

Our target for this Investment Offer is £150,000. In case the target is not fully met, the project may proceed at a reduced cost or with additional grant or loan support. The minimum raise to proceed will be £75,000. The maximum of the combined community shares and community bonds that may be offered is £250,000 and the offer will close if that sum is reached.

Individuals and organisations can invest from £100 (minimum) to £50,000 (maximum).

The Community Investment Offer document, Business Case and other information is available below. If you would like to discuss making an investment you can contact the Society at: shares@sheffieldlive.org

IMPORTANT NOTICE AND RISK WARNING

Please be aware of the risks associated with investing in community shares and community bonds. Prospective investors should read the Community Investment Offer document carefully and in full together with the accompanying Business Case and the Society’s Rules. If needed seek independent financial advice. A society for the benefit of the community is registered with but not authorised by the Financial Conduct Authority and this offer is exempt from, or outside the scope of the Financial Standards and Markets Act 2000.

OFFER DOCUMENT

Community Investment Offer 2026

BUSINESS CASE

Business Case + Financial Forecasts

APPLICATION FORMS

Individual Applications (apply online)
Organisation Applications (apply online)
Individual Applications (download)
Organisation Applications (download)

BACKGROUND DOCUMENTS

Rules of the Society
Sheffield Community Media Limited Rules

Policies
SCM Share Withdrawal Policy
SCM Conflict of Interest Policy
SCM Privacy Policy

Reports and Financial Statements
SCM Management Accounts 2026
SCM Report and Financial Statements 2025
SCM Report and Financial Statements 2024
SCM Report and Financial Statements 2023