A group of concerned residents are campaigning to save a community hall from sale.

Harmony Hall, in Truro Road, Walthamstow, may be sold as landlord Liveability – a disability charity – looks to balance its books.

The hall, set-up in 1939 by the Christian Marsh Street Mission, is currently used by charity CREST Waltham Forest on a no-cost basis, and other community groups.

CREST delivers several community services at the hall and many residents meet at the hall regularly for classes, sporting activities, and social groups.

Livability’s solicitors are currently in discussion with the Charity Commission for the required permission sell the hall.

A petition begun by the Save Harmony Hall Campaign group has amassed 240 signatures.

A spokesperson for Save Harmony Hall said: “Harmony Hall is under threat of sale and that will mean we may lose our community centre, 50 plus local groups will lose their home, and the 1,300 people who use the hall every week won’t have a place to go! That’s awful.

“Why should Walthamstow suffer the loss of this important community hall just because some people can’t manage their budgets or just want more money? The loss of this community hall will cause real pain to local people because they will lose their friends, their helpers, their support, and many groups will close-up. Young people will have lost a safe place to meet.”

Sally Chivers, Livability CEO, said: “The current adult social care crisis has forced us to review our assets to find funds to help sustain Livability’s own vital services including supporting disabled adults and children, and its community mission work, which enables churches across the UK in low-income areas to engage with the most pressing social issues they face.

“In recent years, Livabilty has had to make some very hard and unpopular decisions; sadly, this has included giving CREST notice in late 2017 indicating Livability’s intention to seek permission from the Charity Commission to sell Harmony Hall and use the funds raised to sustain its community mission activities.”

Liveability has extended an offer to sell the hall to CREST until April 2020, if it can raise the funds.

The charity has said it has no intention “of seeking a change of use” of the hall and added it would be “probable” that a new owner would keep the building as a community hall.