My take was that it used to run like a dream with the lovely Daniella and Christine "in charge". It was then taken over by a guy who was frankly awful. The most unnatural bar owner I have ever seen. He replaced the cosy lighting with white fluorescents, cranked up the football and talked the clientèle to death. He also had a personal hygiene problem. Seriously.
The regulars deserted in droves. Mostly to Bar Loco in the opposite corner. A nicely run place.
The Indians simply left it too long to reopen. They nearly pulled it off when they found a simply excellent Cuban barman who made perhaps the finest Gina and Tonic I have ever had...with all the showmanship. But when he left, the brief comeback ended with a bang and they shut weeks later. A shame. A great little bar in its day.