The Cellars at Eastney is set to close on August 1 because of a slump in the number of people attending shows.
Steve Pitt, who runs the popular entertainment venue, said that it had not been an easy decision to make, but that financial constraints had reached a critical point.
While the Portsmouth pub, which puts on regular music, comedy and theatrical shows, is popular with many acts who play there – including Bluetone frontman Mark Morriss and former Stranglers frontman Hugh Cornwell– it is not enough to save it from closure.
Steve said: ‘We’re just not getting enough people coming to enough gigs, it’s as simple as that.
‘Our landlord has been phenomenal, but he can only do so much, and it has reached a point now where enough is enough.’
We’re just not getting enough people coming to enough gigs, it’s as simple as thatSteve Pitt
When the announcement was made earlier today on social media, the venue’s website crashed as so many people tried to access it.
‘That’s never happened when we’ve put any gigs up there’, Steve added. ‘It’s sad, but people are often only interested in the drama and bad news.
But Steve wants to remain positive in The Cellars’ final months: ‘We wanted to close under our own terms and not just fizzle out.
‘We are running a full programme right through until the end of July – I’ve already got 16 shows booked for July and more than that in June.
‘Let’s make the end as happy as we can.
‘We have done great things here and we want people to remember that.’
The final show at the venue in Cromwell Road has not yet been decided.