Auckland venue The Kings Arms was listed for sale on Trade Me on September 23 as “development site”.

“I feel very sad about it. We’re very reluctant to walk way from the music scene but overheads and expenses are pretty high. Rates and all those things come into it. And it’s very valuable land that’s sitting there.”, Stuff.co.nz quotes owner Maureen Gordon.

Closure isn’t imminent, however, with existing bookings reaching into 2017 going ahead.