AN ICONIC nightclub known for its dance music and themed nights is set to close its doors after 26 years.
Popular Glaswegian nightclub The Shed will hold its final closing night on September 14 following a series of farewell events.
The club, which opened in 1998 in Shawlands, Glasgow was the scene for many "unforgettable" nights according to the owner Michele Pagliocca.
He said the decision to close the club had been difficult.
Speaking to the , Pagliocca said: "For 26 years, we’ve had the privilege of being at the heart of this community, creating moments that we hope will stay with people forever.
"The decision to close has been incredibly difficult, but it’s the right time for us to say goodbye to this chapter of 26 Langside Avenue."
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”We are taking some time to consider the future of this iconic building, its place in the community, and its ownership.
“While this chapter is coming to a close, the legacy of The Shed will live on in the memories of all who danced, celebrated, and came together here."
The site of The Shed nightclub has historically been an entertainment venue.
Established as Marlborough House in the 1920s, the venue held ballroom dancing, cabaret, comedy nights, weddings and community celebrations.
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It is not known what will happen to the building.
It's not the first venue to close down in Glasgow.
Last month Cineworld announced it would close Glasgow Parkhead venue due to a company restructure.
A Cineworld spokesperson said: “We are implementing a restructuring plan that will provide our company with a strong platform to return our business to profitability, attract further investment from the group, and ensure a sustainable long-term future for Cineworld in the UK.”
Meanwhile, TGI Fridays spin-off brand 63rd+1st closed its last venue in Glasgow at the end of June.
It served a New York inspired food and cocktails menu featuring dishes such as buffalo cauliflower wings, burgers, steaks and pizza.
The brand grew to four sites following openings in Harrogate, Edinburgh and Glasgow, but just three years after its launch they've all closed.
Why are retailers closing shops?
EMPTY shops have become an eyesore on many British high streets and are often symbolic of a town centre’s decline.
The Sun's business editor Ashley Armstrong explains why so many retailers are shutting their doors.
In many cases, retailers are shutting stores because they are no longer the money-makers they once were because of the rise of online shopping.
Falling store sales and rising staff costs have made it even more expensive for shops to stay open. In some cases, retailers are shutting a store and reopening a new shop at the other end of a high street to reflect how a town has changed.
The problem is that when a big shop closes, footfall falls across the local high street, which puts more shops at risk of closing.
Retail parks are increasingly popular with shoppers, who want to be able to get easy, free parking at a time when local councils have hiked parking charges in towns.
Many retailers including Next and Marks & Spencer have been shutting stores on the high street and taking bigger stores in better-performing retail parks instead.
Boss Stuart Machin recently said that when it relocated a tired store in Chesterfield to a new big store in a retail park half a mile away, its sales in the area rose by 103 per cent.
In some cases, stores have been shut when a retailer goes bust, as in the case of Wilko, Debenhams Topshop, Dorothy Perkins and Paperchase to name a few.
What’s increasingly common is when a chain goes bust a rival retailer or private equity firm snaps up the intellectual property rights so they can own the brand and sell it online.
They may go on to open a handful of stores if there is customer demand, but there are rarely ever as many stores or in the same places.
Earlier this year another legendary nightclub shut down in Leeds 18 years after opening its doors.
Nightclub Wire has confirmed it would shut for good leaving clubbers devastated.
Club owners shared the news on social media. Its last dance was held on June 2.
In a lengthy Instagram post, they said the decision to close had caused them "great sadness".
The statement reads: "Since re-opening after the pandemic, the UK nightlife industry has been under immense pressure which we have not been immune to.
"The cost of living crisis and changing lifestyle choices coinciding with the looming commercial challenges unique to the venue has gradually led to the unavoidable outcome that the club can no longer operate as a viable business."
What is happening in the hospitality industry?
Food and drink chains in general have been suffering in recent months as the cost of living has led to fewer people spending on eating out.
Businesses had been struggling to bounce back after the pandemic, only to be hit with soaring energy bills and inflation.
Multiple chains have been affected, resulting in big-name brands like Wetherspoons and Frankie & Benny's closing branches.
Byron Burger fell into administration last year, with owners saying it would result in the loss of over 200 jobs.
Pizza giant, Papa Johns is shutting down 43 of its stores by next month.
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Tasty, the owner of Wildwood, said it will shutter the sites as part of major restructuring plans.
The brand plans to close 20 loss-making restaurants after a “challenging” start to the year.
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