Boogie Wonderland has been put into liquidation after being propped up by shareholders for years.

Popular Wellington night spot Boogie Wonderland has been shut after being put into liquidation.

The Mr Boogie company, which trades as Boogie Wonderland and operates the adjoining cocktail bar, Alice, was put into voluntary liquidation on Wednesday.

The nightclub famously appeared in What We Do in The Shadows as the favourite spot for vampires Vladislav and Viago, played by Jemaine Clement and Taika Waititi.

Iain Shephard and Jessica Kellow were appointed liquidators by the shareholders and were offering the business for sale.

READ MORE:

* Wellington restaurant Duke Carvell's can't pay $473,486 owed to creditors

* Licensing committee rejects Sydney-style bar lockout law in Wellington test case

Shephard said the venues were no longer operating but he saw them as "turn key operations" that someone could start operating immediately.

The business had been propped up by the shareholders for a number of years and was put into liquidation after they withdrew their support, he said.

Mr Boogie directors Mark Guthrie and Ross Kinzett are also the two shareholders of the the company, with Guthrie holding the 80 per cent majority.

It was too early to say how much the business owed, how many creditors it had, or how much the business could sell for, Shephard said.

Nick Mills, whose family group owns Bettys, Public, Hummingbird, Boston, Edison's Superette, The Tasting Room and Spruce Goose, said he had looked at buying it when it was for sale a few years ago.

"I didn't go ahead because the rent was ridiculous and the location was not great on that side of the street and it was up a long alley.

Boogie Wonderland and Alice only traded on a Friday and Saturday night and a business could not rely on that sole trade, he said.

The night life scene was changing and a business needed more strings to its bow than just late nights to survive, he said.