The Penthouse, an exclusive nightclub at One Leicester Square, located in the north western corner of the square, the substantial venue comprises the top three floors, 6th, 7th and 8th, of a prominent inter war building, the lower floors of which are occupied by the European headquarters of MTV and separate nightclub Sound. The nightclub has now gone into administration.
Baker Tilly, the administrator, is said it was working with property agents Christie + Co and was looking to sell the business as a going concern, with a guide price of £1m.
Mark Wilson, a partner at Baker Tilly said: “It has been a difficult trading environment for which the business was not entirely prepared. There is enormous potential in the venue given its central location and panoramic view of Leicester Square.”
I’m sure this one will get snapped up pretty sharpish!