ADOPT US BOND OFFER

Members of Lemon Leopard identified The Greyhound Pub in Shepherds Bush a community asset with a defunct hostel above as a site with potential to meet pressing housing needs.

Working together, they reimagined the space, drawing on the lessons of the Tall Tales pilot. The result is The Pack: ten Equity-to-Rent apartments that will transform the Greyhound’s upper floors into a secure, vibrant, and affordable housing community, rooted in solidarity and long-term stewardship.

Offer Overview and Terms

Lemon Leopard Charitable Community Benefit Society Ltd is issuing a public social bond to raise funds for The Pack at the Greyhound, a 10-home Rent-into-Equity housing project in Shepherds Bush, West London.

The bond allows investors to support ethical, community-led housing while receiving a fixed annual return. Bonds are non-tradable, unsecured, and capital is at risk. Investors will lend money to the Society in return for:

• Fixed annual interest payments
• Return of capital at the end of the bond term

The bond is open to UK residents aged 18 and over. International investors must ensure compliance with their local laws.

Funds raised through this bond will be used exclusively for the purchase of the Shepherds Bush property, which has a total price of £1.92 million. The raise seeks £600,000, representing the 30% deposit required to unlock mortgage finance through a values-aligned lender. The remaining 70% of the purchase price will be financed via mortgage.

The property comprises two long-term leaseholds:

• If the full target is not reached, the Society will prioritise £372,750, sufficient to purchase the portion intended for residential use.
• The additional £227,250 secures the garden and ancillary spaces; while desirable, they are not essential to the core residential model.
• If the raise exceeds the target, up to £802,500, a two-storey extension could provide two additional studios, increasing the total from 10 to 12 homes.

Important: Funds raised via this bond are strictly for The Pack residential project and will not be used to support the pub downstairs or any other aspect of Lemon Leopard’s wider work..