This has all the essence of a local 'cheers'...but of yesteryear.
Personally, I think the locals have long forgiven its lack of ambience, its tasteless food and its hit or miss service for the trappings of a predictable hang out with friends.
As far as local pubs go, it's fit for a box checking exercise and not much more. Each time I go, I'm reminded as to why its very infrequently. I also feel like there is a creepy owner watching people on the cameras in the back.
I don't know, it must be an acquired taste, i'm not so convinced. It's a marvel its still around.