From the Wales Online website:
CARDIFF’S historic Vulcan pub could be given an 11th-hour reprieve, the Echo can reveal today.
The owner of the land on which the tiled 1853 drinking spot sits, city businessman Derek Rapport, is negotiating a new lease with brewer Brains to keep the pub open.
The news of the last-minute deal comes just weeks before the much-loved Adamsdown alehouse had been ordered to close its doors on June 25.
It is understood that talks between the two parties are well advanced.
It is thought the obstacles to agreeing the deal have now been resolved following meetings between the St David’s partnership, John Lewis and Mr Rapport that were led by Cardiff council leader Rodney Berman.
New plans for the entire Adam Street site on which the Vulcan is one of the only remaining buildings could be revealed later this year if the negotiations are successful.
The parties involved were remaining tight-lipped yesterday but confirmed that discussions were taking place.
A spokesman said: “The landlord’s agent confirms that the land owner and Brains are working together to ensure that the Vulcan stays open after June. This will be done by agreeing a new lease.”
Neither Brains nor Mr Rapport were available for comment yesterday and there has been no confirmation of whether the new lease would provide a long-term future for the pub.
The full article here.