A major downtown night spot has closed.

The lights have gone out at the London Tap House at John and Main streets, but the president of the company that opened the bar five years ago promises the business will be back.

In an email exchange, Gibbons Hospitality Group president Joey Gibbons said ownership of the Hamilton location has been turned over to his brother Matthew "and he has some great plans for the building and the business."

Neither of the Gibbons brothers responded to requests for more information.

Located at the northeast corner of John and Main streets, the five-level London Tap House opened in May 2008 and includes a dance floor, a basement lounge for events and private parties and rooftop patio.

The 163-year-old building had been home to a grocery, a shoemaker, a winery, a veterans' hall, beauty salons and a restaurant called Sundried Tomatoes before taking on its new life.

The Gibbon's Group purchased it for $500,000 and spent just under $4 million getting it ready. About 100 staff were hired for the venture.

The Hamilton restaurant was one of three London Tap House locations operated by the company - the other sites were in London and Toronto. The Toronto site has been turned into a music venue and renamed the Adelaide Music Hall. The bar's first and second floors have been converted into a live concert space while the third floor functions as a restaurant during the day and rock bar at night. It also features a remodelled rooftop patio.