Lyric discussion by discriminant 

The Batcave was an OG Goth club in London's West End before Goth was a thing. I imagine it was a place where like minded people could meet and revel in their sorrow and darkness. Loners and Lone Wolves finding a pack. This song seems, to me at least, to speak to the romanticism of a lost place and moment in time where the narrator found community where previously non had existed.

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