Nexus Bar in Najjera bows out of business as URA puts all bar items on sale

The once powerful Nexus lounge located in Najjera has shut down its doors due to what many are referring us its collapse after stiff competition from neighboring bars like Isabella Lounge in Ntinda, La Venti and X-hub in Najjera.

The bar started way before lockdown and when it’s proprietor Ivan Kakooza passed on after battling covid, the bar came back stronger with new management and maintained the same client till 3 months ago.

The bar that was vibrant on a daily started getting few customers on normal days unlike way before when all days would be full house. Thanks to Abeeka Band and The Gang Band, Nexus Lounge had its numbers on only Thursdays and Sundays respectively. When Abeeka band in a statement said they will not be performing at Nexus Lounge anymore, The Gang Band was moved from Sunday to perform on Thursdays although the numbers were a bit low.

According to rumors, the bar was put on sale about three months ago but the occupant also lasted just a month after it was not making any profits for him and since then, the doors have been closed and no patron would access it.

Today in the newspapers, Asante Auctioneers Ltd published a sale by Public auction/ private treaty indicating that all Nexus Lounge belongs from Tvs, tables, fridges, Gas cookers and furniture among others. The document indicates that the items will be up for sale after 14 days after the date of Publication.

The NOTICE READS

Duly Instructed by Uganda Revenue Authority, we have distrained and shall sell bar furniture, music equipment and other assorted bar assets indicated below by public auction unless M/S NEXUS BAR & LOUNGE LIMITED pays to us all the outstanding tax arrears owed to Uganda Revenue Authority plus our fees and costs incurred in the process before the expiry of Fourteen days from the date of the publication of this notice.