London’s first cat café funded via crowdfunding21 December 2015
Lady Dinah’s Cat Emporium
Lauren Pears announced a difficult permission process was finally over and an address for Lady Dinah’s Cat Emporium – in Shoreditch, east London – confirmed.
Announcing the victory over the obstacle course of local authority red tape, the café’s official Facebook page announced that “it is with immense relief and delight we can confirm that we have planning permission to open our shop on Bethnal Green Road, right near Brick Lane!”
Ms Pears was originally told she would not be able to build the shop unless she provided a rubbish collection point for Lady Dinah’s is the perfect place to rest after a hectic morning at the Brick Lane Markets, or unwind after a stressful day at work. We are always calm and quiet, and your session in the cat emporium is 90 minutes long: so you’ll be able to chat with friends, play with cats, or have a cuddle with a willing cat at a leisurely pace.the flats above – inside the café premises.
“We have twelve cats in our shop. Cat cafes around the world tend to have anywhere from 6 cats to 50! We have 12, and they have two floors of the cafe to enjoy. We don’t believe in overcrowding the cats into a small space. We may consider more cats, but first we are consulting with animal experts to evaluate the risk of this upsetting the current colony balance” www.ladydinahs.com/ The project received a wave of support online when it was first put forward for crowd- sourced funding. Members of the public donated over £100,000 to get the ambitious scheme off the ground.
Crowdfunding is the collective effort of individuals who join together to support efforts initiated by other people or organisations.
It has its origins in the concept of crowdsourcing, which is the broader concept of an individual reaching a goal by receiving and leveraging small contributions from many parties. Crowdfunding is the application of this concept to the collection of funds through small contributions from many parties in order to finance a particular project or venture.
A number of websites are offering pooled investments in property developments that are purchased by a management company and then provide income from the rent. This is what the regulator would call the equity crowdfunding route, where you could either put money into a pot of other investments that goes towards buying a property that is then developed and rented out, giving you rental income and sometimes the proceeds of any sales.
At Estateology we think that crowdfunding is a great way to invest in properties. Unfortunately not everyone can afford to invest in a property on their own in London, however crowdfunding is a low risk strategy for first time investors. It allows individuals to own a share in a property for as little as £500, allowing them to receive a rental yield in return. We at Estateology believe the property market is based on affordability and opportunity costs, if you are looking for an investment that meets your requirements then call us on 020 3422 2333