It's not down the Strip...it's in the Barbican, but I know exactly what you mean. Union Street is a right bag o' sh*te nowadays and this bar would fit right in.
I tend to go up to the Barbican when I want a 'normal' night out, or tourist trapping in the Summer. I can't fault the council for trying to knock it back.
As you deduced, that was the point I was making. Keeping "that sort of thing" in Union Strasse would accord with its fast fading traditions. I have very fond memories of the Barbican and loud bloody disco music isn't one of them.