Buffalo Joes, a nightclub and bar operation in Tyneside, is on the market after going into administration.
The freehold interest in the venue, located on the Gateshead side of the River Tyne and which is spread across two floors, is up for grabs through Christie + Co. with a price tag of around £875,000.
Andrew Haslam of administrators Begbies Traynor said: "Due to the removal of other local nightspot the Tuxedo Princess and the closure of Club Baja, Buffalo Joes has found itself somewhat isolated and with a reducing footfall.
"Despite the best efforts of the directors, including a significant investment and re-branding, they have been unable to meet payments as required. Unfortunately, the directors were left with little alternative other than to seek advice."
Haslam said his firm had been successful in agreeing a licence to trade from the premises, "so they will remain open in the short term whilst being exposed to the marketplace, thus retaining the four full time staff and the numerous part-time bar staff".