A warehouse building in Nottingham city centre is to be converted into a late-night bar after a successful bid to obtain a new premises licence.
KLD Investment is turning the former site of flea market The Vintage Warehouse (pictured) in Lower Parliament Street into a late-night bar with entertainment and food.
Through licensing specialists Fraser Brown, it succeeded in gaining the new licence – next to nightclub NG1 – despite being in Nottingham City Council’s saturation zone that limits new licensed premises.
The new licence allows the sale of alcohol until 2am and the provision of regulated entertainment and late-night refreshment until 4am.
While KLD Investment is not revealing any more details of the new venue, work is due to start on converting the building ahead of an opening in April next year.
Licensing specialist Walaiti Rathore from Fraser Brown, who worked with KLD Investment to obtain the premises licence, said: “KLD Investment Limited, presented an impressive business concept but it was based on providing most of the licensable activities until 4am. This was always going to be very challenging as obtaining a new premises licence until 4am in a saturation zone is rare.
“We worked closely with the police and agreed a proposal which addressed their concerns and allowed the business to operate until 4am. This outcome was vital for the operator’s concept to work.
“The new premises, which I understand will be open in April next year, will provide diversity to Nottingham’s late-night offering as well as create employment which will benefit the local night-time economy.”
Junxian Li, a director of KLD Investment, added: “We are very pleased with Walaiti and Fraser Brown’s efforts to obtain a late licence for us. This is our second site after successfully operating a similar concept in Leicester and we now have plans to expand in other towns and cities and will no doubt be working with Fraser Brown again.”