It has been a familiar story for the last few years, and now another one of the UK's most iconic venues has announced that it will be shutting for good later this year.
London's The Borderline, which was acquired by promoters DHP Family in 2016, has announced its plans to close the Soho location as of the 31st August, and as usual, it comes down to rising rental costs.
Speaking about the closure, the group said in a statement, “This has been a difficult decision, but given intentions by the landlord to increase the rent significantly for a second time since we took it over in 2016 as well as plans to redevelop the building housing the Borderline, we now know the venue doesn’t have a long term future so it makes no sense for us to continue to invest.
“We’ve had an amazing two years at Borderline with some fantastic shows and want to thank everyone for their support from agents, promoters and artists to all the thousands who have come to the gigs and club nights. We’ve put our all into trying to revive this iconic venue but unfortunately, it has been impossible to turn into a sustainable operation due to so many external factors. This is a sad day for all of us who love live music and believe in grassroots venues.”
DHP Family have also confirmed that they are keeping ownership of the name The Borderline, and are currently hunting for a new space for the venue.
