Campaigners for Dalston music venue Passing Clouds will have the chance to buy the building after it was given protected status by Hackney Council.
The independent music hub in Richmond Road has been closed since bosses were evicted in August and thousands have joined a campaign to save it.
And now the building has been made an Asset of Community Value by the town hall, meaning should owners Landhold Developments look to sell the building, the community will be given six months to buy it.
The news will be music to the ears of all involved with the venue, which has been supported by artists including Paloma Faith, Gilles Peterson, Norman Jay and even London mayor Sadiq Khan.
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