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Live music venue the 12 Bar Club has closed down, just over a year after relocating to Holloway Road.

The venue was forced to move from Soho in January last year and took up residency at Phibbers pub on the corner of Liverpool Road.

It was hoped the venue would thrive in Holloway Road – an area well known for its alternative venues.

But owners Enterprise Inns terminated the lease and boarded up the bar on Tuesday.

A statement from the club read: “We tried to make it work in north London and Joyzi did an amazing job bringing in quality nights.

“We would like to thank all the staff, acts and customers who have been a part of the 12 Bar Club experience in Holloway. We are in talks at present with regards to opening up a new venue so watch this space for further news.”

Since opening in Denmark Street in 1994 the 12 Bar Club has been a key breaking ground for unsigned artists. It hosted the likes of Adele, the Libertines and the late Jeff Buckley early in their careers.

Mark Davyd, CEO of the Music Venue Trust, told the Tribune it was yet another blow to live music in London. The Trust played a key part in a report commissioned last year by the Mayor of London on the loss of the capital’s live music venues.

The number of grassroots venues in London – those that take risks putting on new bands – has dropped by almost 50 per cent since 2007, from 163 to just 83.

Mr Davyd questioned whether the 12 Bar Club was ever going to be viable in Holloway instead of a more central location.

He added: “What kind of city do we want London to become? One that is made up of endless luxury apartments that nobody lives in, or one that has room for cultural spaces?”

Holloway Road has lost a number of pubs and bars over the past few years, including The Bailey, Filthy’s and The Lion. Just last week it was announced that Irish pub the Quays is to be converted into a gastropub.