The sorry looking site in Laxton Square – which also housed Central Park club – has been closed since 2002.
It sits partially hidden by security hoardings, dwarfed by the apartment blocks built in recent years.
There have been a few false dawns – other late night ventures were mooted in the early 2000s – and most recently planning permission was given to develop the landmark building, originally a County Court, as co-living hub and a hotel.
Neither option was taken up however. Now, with the £1,750,000 price tag, the once thriving entertainment venue, arranged over basement, ground, first and second floors, is being marketed by Eddisons, who point out that it is “in need of complete refurbishment or redevelopment."
That does not appear to be putting people off, with the listing at www.eddison.com generating interest among potential buyers.
The co-living planning consent still stands as does the Premises licence for music and retail of alcohol, with Eddisons pointing out “the property lends itself to being developed for a pub or restaurant facility and represents an extremely rare opportunity to buy a large city centre freehold for this use.”
A spokesperson said: “We have had enquiries from bar operators as well as potential co-living developers for the building which has generated a lot of interest. The building lends itself to these uses as well as other forms of leisure and we hope to make a further announcement shortly.”
To relive memories of the place check out this gallery of clubbers in the years just before 5th Avenue closed.
And here is a gallery from the 1990s
