THE ASSEMBLY in Leamington has closed with immediate effect.
The Avenue Road venue opened in 2008 bringing big name music acts to Leamington including Lou Reed, Public Enemy, The Stranglers, New York Dolls and Patti Smith.
A spokesman for the MJR Group, which took over the venue three years ago, said: “It is with deep regret that The MJR Group has made the decision to close The Assembly in Leamington Spa with immediate effect.
“The last three years have been a memorable experience and we have brought some of the most exciting and legendary artists, bands and DJs to the beautiful Grade 2 listed building. While in Leamington Spa, we became a welcome part of the town, developing strong relationships with local businesses, the authorities and the general public. We want to thank everyone that came to The Assembly to enjoy our shows, club nights, entertainment and concerts and everyone that supported us in the business community.
“Even after a record-breaking quarter one and quarter two this year, the current level of rent and rates on the property, alongside the repairs and upkeep that are needed to maintain a Grade 2 listed building, unfortunately make the business unviable and unsustainable.
“These issue are impacting the venue community at large and we have felt these challenges the most in Leamington Spa.
We will now have renewed focus on our high performing venues, Tramshed and The Globe in Cardiff and The Mill and Digbeth Arena in Birmingham. We also have new multi-use event spaces projects in development with projected launches this year and 2020.
“The Assembly was a truly unique and historic building, which we will miss greatly. We look forward to bringing our next concepts to the industry and general public over the coming months.”
The art-deco building was the subject of a multi-million pound redevelopment designed by Lawrence Llewellyn-Bowen.
The 1,000 capacity venue won the highly coveted Music Week Award for Best Live Music Venue in 2010 after winning the award for Best Live Entertainment Venue at the 2009 Godiva Awards.
Built in 1926, the venue was originally named The Bath Assembly Hall. Its art-deco interior was originally the setting for balls and dances. It was later named The Palais de Danse.
Singer Paul Young was due to play the venue tomorrow but the show has been cancelled.