A public meeting is being hosted by the Ventnor Town Council to explain in detail the reasons behind their decision to close the Winter Gardens.

In a statement from the council, it was revealed that the decision was taken since the Isle of Wight council will no longer be subsidising the venue from the end of March 2011.

The venue will close on 31 January.

Those interested in taking on the lease should get in touch with the Isle of Wight council.