Marketing director Jae Hopkins said: “We’re very sad to be leaving the town and particularly at this time of year.

"We’re very proud of our team who are continuing to work hard to make sure guests have a brilliant time until we close, and are still looking to see where other opportunities within Chicago Leisure may work for some of them.”

The nightclub nearly shut down earlier this year when its previous owners, Atmosphere Bars & Clubs, fell into administration in April.

A new company called Chicago Leisure Ltd was set up to save ten out of the 24 venues in jeopardy, including the one in Stratford.

There is some confusion over the reason behind the closure.

Ms Hopkins said: “Unfortunately we have not been able to agree a lease with the landlord of the Stratford venue.”

But landlords Orbit Heart of England said yesterday the lease on the building was valid until 2024. Orbit also confirmed that administrators Deloitte were still paying rent on behalf of the club.

Chicago’s has proved controversial in recent years. In 2011, Greenhill Street residents complained about the late-night noise, fighting, and behaviour of drunken revellers. 

Urine, blood, glass, and vomit littered the street, and the club’s £12-all-in Wednesday night offer was criticised for promoting binge drinking. Their late-night licence was removed but later reinstated.

The nightclub responded by pinning cameras on their bouncers’ lapels, enforcing the ‘no glass outside’ rule more strictly, and meeting with residents and businesses on Greenhill Street.

It appeared to work and yesterday one Greenhill Street resident, 22-year-old Chantelle Skett, said she was “disappointed” the nightclub was closing down.  

“I think it’s a shame to lose a club in Stratford, because there’s so few of them and Chicago’s has been around forever,” she said.

The closure leaves Maison, No.1 Shakespeare Street, and strip club Caz Bar as the only late-night venues in Stratford.

The lack of clubs in town is a common complaint among the town’s younger generation, and was a theme among the posts on Chicago’s Facebook page this week.

Carley Hampson said: “Can’t believe you’re closing, had so much fun in there. Where we going to go now because there is nowhere else to go.”

With many people now in a festive mood, clubbers will descend on Greenhill Street this Saturday for one last night at “Chiggys.”

Ms Hopkins said: “We’ll all be raising a glass to the end of an era this Saturday night, and we hope people will come down to share their memories of Chicago’s Stratford with us, and join in the final party.”

There is currently no indication what will replace Chicago’s when it shuts down.