THE ICONIC Coopers Club, which has been a mainstay of the social scene in Bulwell for 110 years, is to be sold at auction.
The historic venue (pictured) on Highbury Road was first launched in 1902. A big centenary bash was held there ten years ago.
But now joint owners and former married couple, Margaret and Jim Red, atre looking to sell up.
This follows a drop in trade because of the impact of the smoking ban and tough times for the pub and club trade as a whole amid the economic downturn.
A guide price of £150,000 has been slapped on the large, detached building, which spans four floors.
The club will go under the hammer at Nottingham Racecourse at Colwick Park on Monday May 21 when Nottingham and Derby-based auction house Graham Penny will conduct the sale.
For Margaret (57), who was born and bred in Bulwell, handing over the keys will not just be the emotional end of her 16 years in charge.
She has been going to the club since the age of 15 when she attended discos there under its previous name, the 360 Club.
“I will be really sorry to see the back of the club,” said Margaret, who lives on Cantrell Road in Bulwell.
“It has been such a part of my life, the lives of people in Bulwell and of the town as a whole.
“Everybody knew it as the 360 Club. It was an iconic place.
“It has been hard telling the members. We haven’t renewed any of the memberships.
“One 73-year-old man told me that if he won the Lottery, he would be knocking at my door to buy the place off us.”
Margaret and Jim have decided to sell the club at auction because they have had a couple of potential sales fall through.
The building boasts a concert room with changing rooms and stage, a lounge with a bar, a snooker room in the basement with two full-size snooker tables, a function room and living quarters. The attic has the potential to be developed to create two flats.
Former chart-topping band Paper Lace, who were formed in Nottingham and found fame in the 1970s, once played at the club.
Margaret and Jim have spent a lot of money updating the venue and adding extensions.
They bought the lease in 1996 from Dennis Cooper, who named the club after himself. They later acquired the building itself from Banks’s Brewery, based in the West Midlands.
Said Margaret: “I think this club could still have a bright future, given someone with the finances to give it a new lease of life.”