Lease for Canvas Bar & Nightclub in The Parade marketed

Canvas Bar & Nightclub, next to Oxfam in The Parade, is up for lease via estate agents Warren Anthony, but the Watford Observer understands it is not in danger of closing as a venue.

The listing follows confirmation that the town’s biggest club, Pryzm, will close on New Year’s Day, as well as the recent closure of pub and live music venue The Horns (which is set to reopen next month).

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However, Canvas’ current operators are not leaving, and the decision is apparently not due to financial circumstances.

According to Warren Anthony, it has a licence to open Monday through to Sunday but currently only opens to partygoers on Friday and Saturday.

The owners have other business commitments and so have decided to lease out the venue to new operators who can take better advantage of the existing licence and open for more nights.

Canvas, in The Parade Watford. (Image: Warren Anthony)

If the Pryzm unit does not return as a late-night venue, Canvas’ operators could expect less competition for partygoers’ attention.

The club and bar can hold more than 450 people, according to the brochure, and is being marketed at a £180,000 per year rent.

If a leaseholder is not found, Canvas is expected to continue operating as normal.