Annandale Hotel To Go Into Receivership? But 'The Hotel Is Not Closed'

One of Sydney's most iconic live music venues the Annandale Hotel is to enter receivership today, according to reports.

The venue suffered serious financial difficulty in recent years, though were buoyed somewhat by their "Buy A Brick" campaign, that saw dedicated fans of the venue pay for the privilege of having a plaque on one of the hotels many bricks, while helping the venue at the same time.

A battle against noise complaints have also seen the venue struggle somewhat in recent years.

It is believed that the Annandale Hotel's owners had one final soiree last night and will announce an official statement about the venue's future this afternoon.

UPDATE: The venue has posted the following comment on its Facebook page:

"Just a quick note on what happened today. Matt and Dan meet with the bank today to discuss the position of the hotel. The bank are reviewing that now. The hotel is not closed and our goal is to work with the bank to ensure that live music will continue through this period. We will keep you updated ASAP."

Leichhardt Mayor Darcy Byrne has spoken about the possible imminent closure of the venue, saying he will work with the receivers to ensure the venue lives on.

“If these reports prove to be true I for one will be doing everything I can to make sure that the Annandale remains a live music venue, including working urgently with the receivers,” he said. “So many Australian artists have had their start playing at the Annandale; its loss would be a body blow to young performers across Sydney.”

“It is crucial that the Annandale remains a live music venue, we want rock-and-roll not residential development.

“In the coming weeks I will be seeking to reform Council planning to encourage live music. Local Government must promote, not prosecute, live music venues. This is real action – working with licensees, agents and promoters to establish a united front to bring productive change to Council policies so we can be more supportive of live music.”

So far we can confirm the following cancellations:

• Bonjah have had their Saturday 23 February show at the Annandale Hotel cancelled.

We'll have more information as it comes to hand.

Do you know of any other shows affected thus far?