MVT’s Own Our Venues scheme makes third purchase

UK charity Music Venue Trust (MVT) has announced a third acquisition by Music Venue Properties (MVP) under its Own Our Venues scheme.

The Bunkhouse, a 235-capacity live music venue, rehearsal space and photography studio in the heart of Swansea city centre, has become the first Welsh venue to be placed into permanent protected status by MVP.

Following the purchase, The Bunkhouse’s operators have signed a ‘cultural lease’ with MVP, which is an agreement specifically created by MVP to guarantee that, as long as The Bunkhouse operates as a space for grassroots live music for their local community, they can enjoy the use of the building.

MVP has also offered the venue a rent reduction and a contribution towards building repairs and insurance, and will…

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