A venue which has played host to gay stars such as Elton John is facing closure, according to reports.

The Hammersmith Palais is to be demolished after 90 years and turned into offices and a restaurant, a far cry from the days where it would hold wartime tea parties or Sir Elton’s 50th birthday bash.

It was the scene of one of the campest and most extravagant moments of the 1990s when Sir Elton turned up to his party dressed in the style of an 18th Century Versailles character in a costume so big that he had to be delivered in a van.

It has been a performing ground to many top artists such as the Rolling Stones, Justin Timberlake and U2.

Prince William also once held a ‘yuppy’ party at the venue for his Eton pals.

Its owner, Parkway Properties, has planning permission to convert the property and is currently awaiting further consent from Hammersmith and Fulham Council, the Daily Mail reports.