THE Eastney Cellars music venue has been saved from a future as flats, after an eleventh-hour sale.
The struggling venue was owned by Enterprise Inns, and was due to be sold at auction yesterday.
But a last minute deal with MLC Property Management was struck yesterday, and now the Cellars will continue to trade as a music venue.
The venue’s former manager, Steve Pitt, who now runs the entertainment bookings at the venue, said: ‘It’s a huge relief. There has been so much speculation about what was happening and it’s been bad for business.
‘Now the truth is out there, I’m hoping the audiences will return to support our superb programme of live music, comedy and theatre, alongside a few ‘pub’ days for the locals.
‘As a free house, the draught beer prices will drop significantly making The Cellars an even better value night out.’