Is this the end for the 100 Club?

Like many music lovers, I was saddened to read that the 100 Club in Oxford Street, one of the world's oldest music clubs, could close by Christmas because of rent increases and tax demands. Here is the info on the 100 Club website http://www.the100club.co.uk/
There is no better venue in London for roots music and its closure will leave an enormous gap in the capital's cultural life. I have been there many times over the years and have so many happy memories. Among many others, I remember seeing Lazy Lester, Champion Jack Dupree, Jimmy Witherspoon, Ray Sharpe, Johnny Adams, Richard Berry, Barrence Whitfield, Doris Troy, Sonny Rhodes, Don and Dewey (pictured) and so many others, not to mention the Tales From The Woods 2 Is shows. Comments on other great shows are welcome.
The 100 Club has been a wonderful venue for jazz, blues and soul lovers, as well as hosting shows by the likes of the Sex Pistols and David Bowie and is irreplaceable. No other venue in London has been capable of producing as wide a range of music gigs as the 100 Club.
Let us hope that somehow a solution to the club's present problems can be found. Because without it the London music scene will never be the same.