Shocking and unexpected news announced today from Cable. The venue has closed with immediate effect after Network Rail took possession of the property this morning following a long-running legal dispute. Network Rail allegedly requires possession as part of the redevelopment of London Bridge railway station. A salutary reminder to never take your favourite venues for granted as you never know what might happen.
It is with a huge amount of sadness that we announce Cable has closed with immediate effect.
We have been forced to close following two years of ongoing legal battles with Network Rail, who took possession of the venue this morning with an entry order, putting us out of business and leaving our 70 staff without jobs. This is due to them allegedly requiring the space back for the redevelopment of London Bridge station. It is an utterly devastating blow to what is a much loved, hugely successful, well respected music venue and media business.
This is not only a huge loss to the loyal fans and staff of Cable, but to London’s clubbing community as a whole. With enormous pride, we delivered the very best talent in an environment that upheld the history of the early SE1 rave scene and supported as many musical styles as possible.
We are obviously devastated and still in shock by the news and know there will be questions. As you can appreciate, there is much work to be done and many arrangements to be made behind the scenes. A full press release will follow.
If you are presently a ticket holder for an event that was scheduled to take place at Cable, please do not worry – further information will follow in due course.
Our sincerest thanks,
The Cable Team x
With regard to the Hard Times event event due to take place this Saturday, we understand an alternative venue may be found.