A popular nightclub in Newcastle has gone up for sale with expressions of interest costing £1.

According to the listing on Rook Matthews Sayer, Bijoux in Newcastle is a “highly regarded bar and nightclub on the main circuit.”

Potential buyers can enjoy a 420 people capacity business in a “prime city centre location.”

Estate agents revealed that rent would cost £100,000 per year and could be open seven days of a week.

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In September last year The Northern Echo reported that police feared the club’s plans to sell more cheap shots turn it into a place for students to “fuel themselves” with cut-price booze.

Famed for hosting stars of Reality show Geordie Shore, the club faced opposition from city authorities after asking for permission to expand its offer of £3 trebles from its ground floor to its first and second floors.

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The popular venue was the first in the city to offer lower alcohol 20% ABV shots, half the strength of the usual 40% and also sold at half the price.

Solicitor Christopher Rees-Gay told a Newcastle City Council hearing that the pricing policy helped reduce levels of drunkenness and that the then wanted to extend the offer to the bar’s upstairs sections in order to make it an entirely student-focused venue every night of the week.Bijoux boss

 But Northumbria Police warned members of the council’s licensing sub-committee that the cut-price offer would encourage people to drink more and make Bijoux somewhere where students “fuel themselves” with cheap alcohol before moving elsewhere.