A very relatable story. I too, have establishments and places that I really loved during my childhood. Unfortunately, time can be a very cruel thing and changes are to be expected. After many years, those familiar establishment had either changed owners, closed, and and are now unrecognizable to what I've remembered.
Yes, it's a shame that this happens, it really hurt us to lose our favorite place. However, we found other places where we could continue our social and student activities.