100 Club, the London venue which has hosted the Rolling Stones, Oasis and the Sex Pistols, has been saved from closure after being granted a special status as part of a move by Westminster City Council to protect venues in Soho.
The venue will be offered 100% Business Rate Relief from 1 April 2020. The decision reduces the overhead costs at one of the world’s oldest and most famous venues by over £70,000 per year.
The venue has been hosting live music since 1942, however recently had been facing the threat of closure. Today it was announced that the venue will benefit from a business rates relief plan from Westminster city council, allowing the venue to benefit from an NNDR Localism Relief.
To meet the criteria, the venue's prime purpose must be as a grassroots music venue, and the organisation occupying the property must be not for profit.
In 2010, Sir Paul McCartney played at 100 Club in an effort to save it from closure, while Sir Mick Jagger and Primal Scream’s, Bobby Gillespie have also been vocal in their support to keep the venue open.