UPDATE: The iconic Newcastle nightclub Nancy’s Bordello has been officially sold, nearly six years after its closure in early 2019. The sale was facilitated by specialist business property advisor Christie & Co, drawing significant interest due to its prime location in the bustling city center.
Located at 13 Argyle Street, Nancy’s Bordello was a beloved venue for students and young professionals, thanks to its proximity to Manors Metro and Northumbria University. The multi-level property spans over 6,300 square feet, featuring a bar, function room, commercial kitchen, and cellar, making it a unique opportunity for potential redevelopment.
The site was listed with a guide price of £499,000, attracting a wide range of developers and hospitality operators eager to capitalize on its strong redevelopment potential. While the new owners have not disclosed their plans, the venue’s prime location opens the door for various possibilities, including a new hospitality establishment, student accommodation, or mixed-use commercial space, pending planning approval.
Former owner Stuart Bailey of The Apartment Group expressed his sentiment: “After over a decade serving the community, Nancy’s has been a cherished neighborhood bar. Partnering with Christie & Co ensured a seamless process, and the property has found a buyer who recognizes its strong potential.”
The sale was managed by Marslie McGregor and David Cash at Christie & Co, who stated, “We are delighted to have completed the sale of Nancy’s Bordello. Its reputation and location made it a standout opportunity, and we look forward to seeing how the new owners bring fresh energy to the site.”
This significant sale marks a turning point for the area, as local residents and former patrons eagerly await news on the future of Nancy’s Bordello. The closure left a notable void in the vibrant nightlife of Newcastle, making the reopening or repurposing of the venue highly anticipated.
Stay tuned for updates as the new owners unveil their plans for this historic site, which holds the memories of countless nights out for students and locals alike.
