LONDON VENUE The Borderline (cap. 300) is to close by 31 August, with owner DHP Family blaming increasing rents and business rates.
The company says it will reinvest in other venues in its portfolio including a £1 million refit for Bristol’s Thekla (400), and its first venue in Birmingham, which is due to open this year.
“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,” says DHP Family MD George Akins.
“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 artistes to all the thousands who have come to the gigs and club nights.”
The company has retained the rights to The Borderline name and is “considering opportunities to relocate”. No further details were available at the time of going to print.
DHP Family acquired the venue from Live Nation Entertainment in 2016 as part of a deal that also included The Garage (600).
During its 30 years, The Borderline has hosted shows by acts such as REM, Sheryl Crow, Debbie Harry, Lenny Kravitz, Blur, Oasis, Muse, Amy Winehouse and Mumford & Sons. It was from that basement under Tex-Mex restaurant Break For The Border that its owners John Northcote and Ian McKenzie-Howard – whose company The McKenzie Group owned the restaurant, began to build what became Academy Music Group.
Howard retired from the business and Northcote died in 2011.