Specialist property adviser Christie + Co has sold The Troubadour, the established music venue and restaurant in South West London, to an existing shareholder, Giles McNamee.
Following an extremely short marketing period during which a last minute decision was made to place the company into administration, Christie + Co sold the venue well above the asking price of £225,000.
The iconic venue has celebrated over 60 years of business since being established in 1954 and is one of the last remaining 50s Coffee Houses in London with a proud history as a centre of bohemian art scene.
The Troubadour Club has hosted music greats such as Bob Dylan and Paul Simon in the 60s and 70s and more recently Ronnie Wood and Mick Taylor last year, and Adele, Ed Sheeran and Amos Lee. The venue retains a strong tradition of supporting young emerging musicians.
Simon Chaplin, Director, Pubs and Restaurants at Christie + Co comments: “Having received a substantial amount of interest over a short marketing period, we are delighted that The Troubadour’s doors will remain open. Susie and Simon Thornhill will continue to run the venue and we wish them all the best building on the stellar work they have already done.”