It might be under the ownership of more than 500 people.
But it's still business as usual at The Bell pub in Walcot Street.
People power means the Walcot Street business is owned by 538 of its customers and staff after locals bought it themselves rather than let it fall into the hands of a chain or property developer.
The community venture to buy the pub – an 18th century coaching inn – saw supporters buying shares priced between £5,000 and £20,000 and raising more than £600,000.
And even though the pub is now run by co-operative management, drinkers won't notice many changes – apart from some new fridges and repairs to stonework.
The pub is popular for its laid-back atmosphere, free live music and local ales.
General manager Patrick Cave said: "It is very early days but for the last four or five months there has been such a buzz about the place.
"Business has been up and the atmosphere has been great and that was boosted even more when we reopened. The atmosphere was fantastic and people enjoyed it because it is such an achievement.
"The Bell is an independent pub that specialises in live music and ales – it's an artistic centre and venue in a community pub."
All the staff have been kept on but Mr Cave now reports to a board representing the interests of the shareholders rather than former owner Ian Wood, who put the pub on the market.
Mr Cave added: "Our aim is to keep the atmosphere and the vibe the same because that is one of the main priorities for the new shareholders – to keep on doing what we do so well."
