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Commercial Credit News
|Legendary café and music club The Troubadour saved from closure|
|Monday, 17 August 2015|
The Troubadour, the famous West London café and live music venue, has been acquired by new owner Giles McNamee after the company went into Administration on 30 July, following a period of sustained financial losses and recent creditor pressure.
Host to some of the world’s best loved musicians since it opened in 1954, including Bob Dylan, Jimi Hendrix, the Rolling Stones, Elvis Costello and more recently Laura Marling, Ed Sheeran and Adele, The Troubadour, like many live music venues in the UK, faced commercial challenges in recent years and was affected by noise abatement restrictions.
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