There will be no last orders at The Vulcan Hotel this month
A Victorian pub which has been at the centre of a campaign to keep it open has won a reprieve.
The Vulcan Hotel, which opened in Adamsdown, Cardiff in 1853, is to stay open for at least another three years.
The pub was to make way for new development but brewers SA Brain say it will stay open "as it remains as long as it remains commercially viable".
Campaigners who have amassed a 5,000 name petition say they still want the Vulcan serving pints in 150 years.
The Vulcan was due to close at the end of the month and the campaigners had been urging the heritage body Cadw to list it in a last-ditch attempt to retain it.
But SA Brain and Marcol Asset Management issued a statement saying that an agreement which could see the Vulcan remain open for a further three years had been reached.
Richard Davies, Brains' sales and marketing director, said: "Brains are pleased that the tremendous support for the pub has helped extend its life as a well-known and popular pub within Cardiff.
"We will continue to have our name above the door for as long as it remains commercially viable.
Mr Davies added: "Many pubs are going through tough times with several closing every month so we hope that the support for the Vulcan continues into the future."
Nick Clegg said the Vulcan was a 'good old fashioned' local pub
The pub has become a local for students at the University of Glamorgan Atrium campus opposite as well as Adamsdown regulars.
It has recently been voted the best pub in Cardiff by the Campaign for Real Ale (Camra).
A protest had been planned to coincide with the Great Welsh Beer and Cider Festival at the nearby Cardiff International Arena.
David Wilton, a committee member of the Save the Vulcan campaign, described the news as "a good feeling", but stressed there was still more to be done.
"Obviously we believe the deal is for only three years, so obviously we have to look at what does that mean then in terms of revised planning applications and things like that.
Mr Wilton explained why they had fought so hard to save the Vulcan.
"If you look at it it's a beautiful pub and it is also part of Cardiff's history and I think, whilst it's good that Cardiff is developing, a lot of things have gone at its expense.
The Vulcan is surrounded by new developments on the edge of Cardiff city centre
"People felt that Cardiff had gone too far. This was a pub that needed to be saved. It was part of the character. There's a feeling that you need pubs like this to balance some of the more plasticky commercial pubs we have in town, and not everyone wants to be in St Mary Street on a Saturday night. "
Retaining the pub does go against the grain, with the Camra estimating five pubs a week are closing in Wales.
Last October, the National History Museum at St Fagans, near Cardiff, said it would "gladly consider" preserving the pub.
Politicians including Liberal Democrat leader Nick Clegg and Conservative business secretary Ken Clarke were among those who pulled a pint behind the Vulcan bar in support.
Manic Street Preacher James Dean Bradfield, Hollywood star Rhys Ifans and sports presenter John Inverdale were among the famous names who also backed the campaign.
Mr Wilton said: ""People felt passionately and that also attracts famous names. They wanted to be involved."
"It's survived recessions, wars...it's been here since 1853 and there's no reason why it couldn't be standing here for another 150 years It can be part of the character of Cardiff, it can be something we should be proud of, not want to demolish."
• A brewery from Porthmadog, Gwynedd won the champion beer of Wales title at the Great Welsh Beer and Cider Festival in Cardiff.
The Purple Moose Brewery, which is celebrating its fourth anniversary, beat 40 other breweries from across Wales to win the award for its Purple Moose Snowdonia golden ale. Second and third places went to the Otley Brewery of Pontypridd for their OG Bitter and Porter.