Watford’s biggest nightclub has confirmed that it will close after failing to reach an agreement with the landlord.

In a statement today (November 24), Pryzm confirmed that its Watford location will have its final night of operation on New Year’s Eve.

This confirms news that has looked likely since the unit was put on the market in October, with the listing specifying it would be vacant by January 5, 2024.

A Pryzm Watford spokesperson said: “In spite of our best efforts, we have been unable to reach an agreement with the landlord on a new lease that would ensure a long and sustainable future for Pryzm Watford.

“Regrettably, this leaves us with no choice but to close the venue, and as such our last operating night will be New Year’s Eve, when we plan to throw a party to remember.

“Closing the premises will be a sad day for our staff, management, and millions of customers who have enjoyed the venue over the years.

“Our focus over the coming weeks is to support our staff through this difficult period and continue to create fantastic nights out for our guests including special guest appearances throughout December from both Sigma and B Young.”

Watford Observer: Pryzm Watford.Pryzm Watford. (Image: Stephen Danzig)

After the listing pricing the unit at £6 million was made public, the nightclub chain admitted that it was aware of it but was set to meet with the landlord to discuss future options for the site. However, the talks have not been enough to save the venue.

Top Rank to Pryzm: Memories of Watford's biggest nightclub

A plan for 147 homes at the site had previously been put forward but it was rejected in July, last year, after hundreds objected to the plan and signed a petition to save Watford’s nightlife.

Watford mayor Peter Taylor, MP Dean Russell, councillors, and many former patrons have all previously shared their hope that the venue would remain open.

There are fears that closing it would leave Watford as a “ghost town” at night and cause severe damage to other parts of the night-time economy such as taxis, bars and takeaways.