Friends aiming to reignite Liverpool's music scene with £400k project

Two Toxteth friends are spearheading a plan to acquire a derelict property valued at £400,000, seeking a £450,000 social loan to establish The Practice at Hartington Road Clinic in Toxteth. The aim is to keep the building permanently in the creative community rather than selling to developers. They plan The Practice to be owned by the community, with £400,000 for acquisition and £50,000 for upfront capital, plus £15,000 for improvements and £35,000 to set up operational, legal, and financial systems and support wages during stabilisation. The project expects 34 paid jobs in year one, rising to 54 by year five.