Locals raised funds to buy the People Republic of Stokes Croft bringing it under community ownership.
The PRSC HQ building was bought by angel investors in 2014 who will sell it back to the group for the same price they paid
He added: "We have been aware of gentrification proceeding at pace in Stokes Croft since 2014, we watched venues and clubs get lost to redevelopment."The graffiti-daubed bohemian district sees Banksy artwork Mild Mild West in pride of place above the canteen diner and the area is known for its music venues.
After watching gentrification take over parts of Stokes Croft, a group of locals decided to form the Stokes Croft Land Trust and start buying buildings to save local businesses.
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