Pub chain drops plan to buy Britain’s oldest LGBT venue, Royal Vauxhall Tavern

A pub chain has pulled out of talks to buy Britainā€™s oldest LGBT venue, the Royal Vauxhall Tavern.

It comes as campaigners raise tens of thousands in the hope of a community buy out.

The pub chain, Faucet Inn, has pulled out of their attempted takeover.

Faucet Inn managing director Steve Cox said: ā€œIt was only something we were having initial conversations with the vendors on.ā€

The chain previously closed LGBT venue The Black Cap in Camden in April 2015 when it was unable to turn the top floors into flats.

Save RVT co-chair Rob Holley said: ā€œWhile we are delighted that Steve Cox has changed his mind about the purchase of the Royal Vauxhall Tavern, we are still concerned that Christie & Co. are quietly selling the pub, knowing that the asset of community value (ACV) status hasnā€™t been activated.ā€

Pub chain drops plan to buy Britain’s oldest LGBT venue, Royal Vauxhall Tavern

Campaigners from RVT Future have now raised Ā£30,000, two weeks ahead of schedule, to set up a Community Benefit Society, which they believe will help them fight the sell-off plans and put it into community ownership.

The money will be used for legal bills, a building survey, specialist consultancy and promoting the campaign.

Recently, the RVT was granted Sui Genesis status ā€“ meaning its purpose as a cabaret venue cannot be changed.

This followed a two-year campaign by Amy LamƩ and supported by a number of notable LGBT celebrities, including Sir Ian McKellen and Graham Norton.

ā€œThe Royal Vauxhall Tavern is one of the oldest and most iconic LGBT+ venues in the capital,ā€ Ms LamĆ© told The Evening Standard.

ā€œIt has been listed as an Asset of Community Value, a status that is designed to ensure its future as an important community venue for generations to come and it would be unacceptable for this to be undermined.ā€

You can donate to the campaign here.