The new licence for the site on in Lower Parliament Street means alcohol can be sold until 2am and the provision of regulated entertainment and late-night refreshment (hot food and non-alcoholic drinks) until 4am at the bar.
The site belongs to KLD Investment Limited, and director Junxian Li said: “This is our second site after successfully operating a similar concept in Leicester and we now have plans to expand in other towns and cities and will no doubt be working with Fraser Brown (law company) again.”
Cumulative impact policies
Saturation zones, also known as cumulative impact policies (CIP), special policies or stress areas, are local policies to introduce a presumption against new venues to sell alcohol in a designated area.
The policy can be put into place if there is evidence that a number of sites are providing a harmful impact on licensing objectives and where the local authority has consulted with local businesses and residents.
Licensing specialist at Fraser Brown Solicitors, Walaiti Rathore, said: “KLD Investment Limited presented an impressive business concept but it was based on providing most of the licensable activities until 4am. This was always going to be very challenging as obtaining a premises licence until 4am in a saturation zone is rare.
“We worked closely with the police and agreed a proposal that addressed their concerns and allowed the business to operate until 4am. This outcome was vital for the operator’s concept to work.
“The new premises, which I understand will be open in April next year, will provide diversity to the Nottingham’s late-night offering as well as create employment, which will benefit the local night-time economy.”
Now the licence is secured, renovation work at the venue will begin.
Just this week, proposed licensing changes were slammed amid fears of a late-night levy expansion. Trade bodies such as the Association of Licensed Multiple Retailers (ALMR) and the British Beer and Pub Association (BBPA) had their say on the matter.