Rates (or was it rent) had just gone up, too much competition and not enough passing trade (ie none). So they've packed it in! This from a friend, I have not spoken directly. I understand (well read on Twitter) that there's an article about it in the Folkestone Herald today.
This is part of my site The FG that I built in a fury of enthusiasm when I first came to Folkestone in approximately '04. I'd been a regular visitor for a few years before that so I am technically one of those Down From Londons you get now. The site used to be a lot more dynamic with a gig calendar and voting for best venues and things, and I know it was a handy resource for others who were moving here. Now I've moved out of Folkestone again (though only a couple of miles) it doesn't get as much attention as it used to. Ironic really as Folkestone itself is now becoming the exciting place we always thought it was just about to. I am not Gerald BTW, this comes from a pretend paper in an episode of Brasseye or something, the Portsmouth Gerald, and how there is a local paper here called the Folkestone Herald. Puns like this are great aren't they? Do contact me if you have anything to offer, email anythign @ this domain, or try @folkestone or @pauly on Twitter.