The Penthouse nightclub on London’s One Leicester Square has been acquired by Interguide London for an undisclosed sum from an asking price of £1m, after it was placed into administration at the end of June. The company, which is a subsidiary of Interguide Investment Holdings, purchased the leasehold interest of the club, which occupies the top three floors of the West End building. It plans to continue operating the venue, which has recently been rebranded as Vertigo, and to expand the restaurant offering and launch a VIP members club. Administrators Baker Tilly appointed Christie & Co to handled the disposal of the site, which had a capacity for 770 people and included the upmarket restaurant Loft Kitchen & Bar. Criterion Capital, the asset management company run by the Aziz family trust, acquired the whole eight floors of the 450,000sq ft One Leicester Square Property, together with Coventry House, from CSL Holdings for £60m last week. The Leicester Square site, which also includes the nightclub Sound, Empire Cinema and Nickelodeon Huggins, was put up for sale in February for £31.5m. Coventry House at the junction with Haymarket, which was sold off-market, comprises Aberdeen Steak Houses on the basement, ground and first floors of the building.