After 138 years as a much-loved entertainment venue and clubbing destination, The Coronet will close its doors for the very last time on 5th January, 2017.
Based in Elephant and Castle in the heart of South London, The Coronet started its life as a theatre, before morphing into a cinema and then a nightclub, hosting everything from dance music all-nighters to fetish parties within its walls.
Director of The Coronet, Richard Littman, said: "We have been here for so long, and we will be really sad to go, but with the Elephant and Castle changing so much, so quickly, it's become clear that the evolving character of the area is no longer right for a venue like ours.
"We've worked with our landlord to extend our lease for one final year, until 5th January 2017. We're looking forward to welcoming back old friends and making new ones – if you've ever wanted to perform here then get in touch quick – the calendar is filling up fast.
"Rather than fighting against change, we want to focus on celebrating The Coronet's incredible history. What better way to do that than by making The Coronet's final year of operation its biggest and best!"
The venue is the latest nightclub to fall under threat from property developers and urban gentrification, joining the likes of Glasgow's The Arches and London's Plastic People that both sadly closed over the last 12 months.
Last month, Mayor Boris Johnson backed a campaign to help protect London's music venues after the capital lost 35 per cent of its grassroots haunts since 2007.
You can keep up to date with club closures and join the conversation by liking DJ Mag's Save Our Clubs Campaign page on Facebook.