London Astoria 'will be replaced'

Rex Features

The music venue London Astoria will be replaced, according to owners Festival Republic.

The iconic concert hall is being demolished to make way for a new central London transport system, which will run via Tottenham Court Road.

Its last club night is scheduled for January 15 and will be hosted by Ibiza's Manumission.

However, Festival Republic's Melvin Benn promised that the venue will be rebuilt in another area.

"It is a sad day for music fans who are losing out to long planned and long awaited progress of London's transport system," he told NME.

"We can do no more than celebrate how good it was and look forward to its replacement being born when construction begins."