Another victim of the recession? many say that Londoners have cut on spending doing less nights out, which easily cost over £100 per person once you add the cab fares.
Clubbing was the one indulgence that many were not ready to give away, but most clubbers, aged in their 20's and early 30's have been hit worse by the recession than other age groups.
A few weeks ago we spoke about Buddha Bar, another example of night venue going bust. Now the iconic Fabric that hosted those memorable DTPM nights that many of you remember very well, is also in danger.
This night club in Farringdon, is a leasehold premises and has 24-hour licence and a capacity of 1,510.
Apparently, just 24 hours after the Edward Symmons, the selling agents, were appointed, they already received a number of enquiries from potential purchasers (Colin White, one of the partners in the agency commented).
They anticipate continued interest in the sale of Fabric, particularly from other major club operators in London and the south east.
Will we be able to enjoy more Fabric nights in the future? I hope so...
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