By Sonia Koren
Bramley Baths has extended its Community Share Offer deadline after reaching a breakthrough mark this week.
The deadline has been extended to 31 January 2025 at 5pm to allow more time for contributions.
Funds currently sit at £121,865. The community-led share issue was launched in October 2024, aiming to raise £350,000 to future-proof the cherished Grade II-listed historic landmark.
Funds will tackle repairs to the leaking roof and replacing the roof lanterns. Damage to the roof is currently minimal but there is a need to develop a sustainable long-term solution.
Jennie Willetts, Bramley Baths business development manager, said: “We have been given the opportunity to extend our campaign, which is fantastic news as we have seen a growing momentum with support from our community and other organisations, and it would have been a shame to stop now!”
The Baths are asking for a minimum ownership investment of £50 followed by an interest rate of 0%, 2%, 4%, or 5%, payable after one year. Investors are entitled to a vote at its annual general meeting. If the campaign exceeds its £350,000 target, a £500,000 stretch goal will fund additional upgrades, including refurbishing accessible toilet facilities.
Bramley Baths has secured £40,000 in equity match funding from Co-operatives UK’s Community Shares Booster Fun and a £9,900 development grant to prepare for the share offer.
The Edwardian building, rescued from closure in 2013 following a community campaign, retains many original architectural features. Since its opening on 17 October 1904, the Baths has been a hub for the Bramley community.
For more information about the community share issue, visit Bramley Baths’ Crowdfunder page or email jennie@bramleybaths.com.
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