I would, but such a venue would have difficulty in surviving.
The (ahem!) mature audience to whom this would appeal do not attend regularly enough to make a hardcore playing audience which any venue needs to stay in business.
They may go, say once a month for a night out, but clubs need a weekly audience of serious drinkers to stay viable, which is why student bars and discos thrive and proliferate, and nightclubs for the 'sophisticated' set always struggle and usually fade.
Nostalgia isn't what it used to be!