But Miharo is a community and a store is not needed to continue that community, says Cruddas.
“The main thing is people love our events. Lots of people come to them but the gallery is not sustainable.
“We'll close the store and throughout the year will be big collaborative events in different locations so we don't have these overheads sucking up the money.”
Miharo's auction nights and exhibition openings at the gallery attracted crowds so big, people spilled out on to the footpath.
One advantage of pop-up events in various venues is they can be held in more spacious venues to accommodate everyone, says Cruddas.
“Our events have outgrown the necessity for a store. They're always at full capacity. You can't run an event if you can't move.
“The events will be the same as we have at the gallery but times 10.”
Miharo Gallery's upcoming dream-themed exhibition has been cancelled but an exhibition of Thomas Henry Bloomfield's work opens on March 26, and an auction of artwork on April 2 will be the gallery's last event.
Swash, Cruddas's recently-opened fashion store next door to Miharo, will also close but trade will continue in online sales, distribution to other stores and pop-up shops when possible.
Information about upcoming pop-up events and new developments will be posted on Miharo's Facebook page and Instagram.
“This is not the end of Miharo,” says Cruddas. “Our store is closing but the community we've created and our events will continue.”