Excite

100 Club faces closure

Legendary music venue the 100 Club could be facing closure unless someone comes in to buy it, according to it owners.

The venue, which is on Oxford Street and has hosted some of the biggest names in the history of British and American rock music, could go under by the end of the year after its owner Jeff Horton revealed that his rates bill is £4,000 a month and that the club’s landlord Lazari Investments have put up the rent by 45 per cent to £166,000 a year.

‘It makes me so angry,’ Horton told thisislondon.co.uk. ‘The government, Westminster council and even some of the commercial landlords say they want to help small businesses, they say they want to preserve London's uniqueness, they want to help multi-cultural venues. Yet we're all that and all these organisations have all dumped on us from a great height.

In 1985, when I took over, the rent was barely £11,000 In the US the rents are frozen at certain venues that have a bit of heritage. Here it's a total free-for-all.

‘What the 100 Club needs is a buyer or major sponsor to step forward. Barring that, we're closing at Christmas despite being as popular as ever. It really is insane.’

United Kingdom - Excite Network Copyright ©1995 - 2017