Historic London venue The Borderline has seen many stars come, go, and return in its tenure, with now legendary acts such as Pearl Jam and Rage Against The Machine known to play shows at the iconic venue early on in their career. However, sadly, it will be shutting its doors for good this summer.
In a statement issued online, owners DHP Family have cited rising rent costs, business rates, and redevelopment plans in Soho as contributing reasons towards the venue’s impending closure.
“With ever increasing rents, rising business rates and ongoing redevelopment plans for Soho, we’ve taken the decision to close the venue by 31 August 2019. We will reinvest into the other areas of its venue portfolio with £1 million earmarked for work on the Thekla in Bristol; the upcoming 40th anniversary for the iconic Rock City in Nottingham and work underway to open its first Birmingham venue while The Garage in Islington has just won protection from the council’s local plan following a campaign to safeguard its future.”
Managing director George Akins also had this to say.
“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 is still committed to creating and running the best grassroots music venues in the country. However I don’t see how it is possible in the West End when faced with all the difficulties from business rates, increasing rents and licensing pressure.”
The company also announced that they have retained The Borderline name, and will be considering opportunities to relocate in the future and keep the spirit of the venue alive.
The Borderline will continue to be run up until August 31st 2019 with all live events scheduled at the venue after this date to be relocated elsewhere.