A HUGE nightclub facing potential closure generates up to £1million for Bournemouth’s economy, a meeting has been told.

Lava Ignite, which used to be called Elements, is waiting to see if it will find a buyer after its parent company Luminar Leisure went into administration on October 28.

The club has a main room capacity of 1,300 as well as two smaller rooms and is one of 65 venues in the country now in the hands of administrators Ernst and Young.

Town centre manager Roger Parker stressed the importance of the venue at November’s meeting of the chamber of trade.

He said: “It’s the largest capacity nightclub in Bournemouth and that must be three-quarters-of-a-million to £1million spent in our local economy.

“That’s rent, food, taxi transport, and more.

“It’s important that we are aware in a resort town of a development like this.”

Staff at Lava Ignite yesterday said they could not comment.

The club is trading as normal while it awaits news from the administrators.

An Ernst and Young spokesman said the Bournemouth club has around 55 full and part time employees. Luminar said last month it is one of the most popular in the Lava Ignite brand.

Luminar ran 76 clubs around the country under various names and 11 of the least profitable venues, mainly in provincial towns, have closed.

Administrators Ernst and Young said the search for buyers for the surviving venues was ongoing.

The firm said the clubs had “generated exceptional interest” and that they were confident that successful sales could be secured for many of them.

Luminar ran up losses of £198million before it went into administration.