Penrith and District Royal British Legion Club is to give up the building in the town’s Middlegate, which has been its meeting place and the venue for music nights and social events since the 1960s.
The premises, in Musgrave House, closed throughout much of the coronavirus pandemic, causing a loss of income to the club, on top of a drop in the number of people using it in recent years.
The final decision was taken at a special meeting of club members which followed discussions by their committee.
The building is owned by the national Royal British Legion and had been leased to the Penrith club, which was responsible for maintenance and running costs.
Control of the building will revert to the charity, which has now to decide what to do with it.
The Penrith branch of the Royal British Legion and the women’s section — which are separate from the club — will continue to run as before, although they must now find a new venue.
June Chambers, treasurer and acting secretary of the club, said: “The special meeting of members agreed to close the club down after much discussion, and with great sadness.”