News: London's Iconic Venue The 100 Club Granted Unique Status
Under a new initiative, the historic venue will be granted 100% business rates relief
Posted: 29 January 2020
Words: Tom Curtis-Horsfall
Historic gig venue The 100 Club has been granted a unique status, one that will keep the venue alive for years to come.
Despite over 75 years of history, welcoming legendary artists like The Rolling Stones, The Sex Pistols, and Oasis to it's stage over the years, London's The 100 Club has consistently been under financial pressure due to rising rental rates in the city.
In what came as somewhat of a surprise only a matter of days ago, grassroots music venues across the UK will be granted a reduction of up to 50% on their business rates under a new government initiative.
The 100 Club, however, has been exceptionally granted 100% relief from it's business rates, saving the venue approximately £76,000 a year. Considering the fragility of music venues throughout the UK, it's undoubtedly a watershed moment for grassroots music.
"The 100 Club is an important part of London's music history, providing a stage for up-and-coming and world-renowned acts for more than 75 years." said London's Night Czar Amy Lamé, after ongoing discussions to maintain the capital's nightlife and music scene. "This is the first time that special status has been awarded to a grassroots music venue and it is a great example of what can be done to support venues in our city."
Hopefully, this starts a trend of protecting iconic music institutions across the UK, not just in London. Still, it's a good place to start.
Despite over 75 years of history, welcoming legendary artists like The Rolling Stones, The Sex Pistols, and Oasis to it's stage over the years, London's The 100 Club has consistently been under financial pressure due to rising rental rates in the city.
In what came as somewhat of a surprise only a matter of days ago, grassroots music venues across the UK will be granted a reduction of up to 50% on their business rates under a new government initiative.
The 100 Club, however, has been exceptionally granted 100% relief from it's business rates, saving the venue approximately £76,000 a year. Considering the fragility of music venues throughout the UK, it's undoubtedly a watershed moment for grassroots music.
"The 100 Club is an important part of London's music history, providing a stage for up-and-coming and world-renowned acts for more than 75 years." said London's Night Czar Amy Lamé, after ongoing discussions to maintain the capital's nightlife and music scene. "This is the first time that special status has been awarded to a grassroots music venue and it is a great example of what can be done to support venues in our city."
Hopefully, this starts a trend of protecting iconic music institutions across the UK, not just in London. Still, it's a good place to start.