The iconic live music venue, which has hosted bands such as Primal Scream and the Levellers, has closed suddenly, citing running costs making the venue no longer viable.

The management group behind the venue, The MJR Group, made the decision to close the venue with immediate effect. A spokesperson for the group said:

"The last three years have been a memorable experience and we have brought some of the most exciting and legendary artists, bands and DJs to the beautiful grade 2 listed building.

”Whilst in Leamington Spa, we became part of the town, developing string relationships with local businesses, the authorities and the general public. We want to thank everyone who came to The Assembly to enjoy our shows, club nights, entertainment and concerts and everyone that supported us in the business community.

“Even after a record breaking quarter one and quarter two this year, the current level of rent and rates on the property alongside the repairs that are needed to maintain a grade 2 listed building, unfortunately make the business unviable and unsustainable."

The GMR group have venues in Cardiff and recently took over the Rainbow Venues in Birmingham - The Mill and Digbeth Arena - and will now concerntrate their focus on these and other projects.

Built in 1926, the 1,000 capacity venue was the subject of a multi-million pound redevelopment designed by Lawrence Llewellyn-Bowen, winning the Music Week Award for Best Live Music Venue in 2010 after winning the award for Best Live Entertainment Venue at the 2009 Godiva Awards.

All upcoming shows have now been cancelled, including tomorrow night's Paul Young concert.

Full refunds will be processed and anyone affected should contact enquiries@thejmrgroup.com.