A BELOVED pub has announced its closure, after 87 years in business, in another huge blow to Britain's hospitality industry.
, the popular establishment has cited the crisis as the reason for staff having to say for the final time, with the owners claiming that by almost 100%.
The Gartocher Pub, in Glasgow's East End, opened back in 1937, and became famed for its Art Deco design.
The boozer hosted popular events, such as karaoke and open mic nights, making it a favoured spot for locals.
Unfortunately, the pub's owners announced last month that had been forced to close their doors, following a “nearly 100% increase in rent and additional rising costs.”
Taking to , the pub announced: “It is with heavy hearts that we announce the closure of the pub.
“This decision has not been made lightly and follows weeks of careful consideration.
“Unfortunately, a nearly 100% increase in rent and additional rising costs have made it impossible to continue operating.
“The alternative — personally funding the — simply isn’t sustainable.
“Over the past 11 months, we’ve poured our efforts into making this pub a place you could all enjoy, and we are deeply grateful for your support along the way.
“Though it wasn’t enough to overcome these challenges, we will always cherish the memories and connections created here.”
The owner's added that the Gartocher's sister pub, Sparky's bar, will remain in operation.
Regulars flooded the Facebook post, sharing their sadness over the news.
One person said: “So sorry to hear this. I was made (to) feel so welcome when I came in and worked for you both in the Gartocher & Sparky's.
“To me, you genuinely wanted to create a successful, community pub. I wish you much success with Sparky's.”
Another said: “Sad news you worked so hard, all the best for the future.”
A third added: “Wish you all the best. (The) pub was great with you as well.”
This follows the news that has been forced to close after 160 years in business.
An estimated last year, leading to around 4,500 job losses, according to the British Beer and Pub Association.
Many closures are due to higher costs, , and higher borrowing costs.
Emma McClarkin, chief executive of the BBPA, said: “The scale of these closures is completely avoidable because pubs are doing a brisk trade.
“Consumer demand is there, however, profits are being wiped out with sky high bills and pubs are facing yet more rates and costs come April.
“We're right behind Labour’s mission to supercharge growth and can deliver this economic boost across the UK, but only if it is easier for pubs to keep their doors open.
“Government must urgently bring in meaningfulbusinessrates reform and phase in newcosts so pubs can keep boosting the economy, supporting local, and remaining at the heart of communities.”
