The Troubadour sells for more than £225,000 asking price

Well-known London music venue and restaurant the Troubadour has sold for an undisclosed sum above the asking price of £225,000.

The property, which was put on the market last month following reports of neighbours' complaints about noise, has been sold to existing shareholder Giles McNamee.

The vendors Simon and Susie Thornhill, who owned the site since 1998, will continue to run the Troubadour.

The sale of the Earls Court-based building was handled by property adviser Christie + Co. It was made up of three leasehold properties including the 114-cover restaurant on the ground floor and a 132-capacity club and 20-seat wine bar in the basement.

Simon Chaplin, director, pubs and restaurants at Christie + Co, said: "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."

Established in 1954 by Michael and Sheila van Bloemen, the Troubadour bills itself as one of the last remaining 1950s-era coffee houses in London. Across the last six decades it has hosted musicians such as Bob Dylan, Paul Simon, Ronnie Wood, Jimi Hendrix, Mick Taylor, Adele, Ed Sheeran and Amos Lee. It also aims to support young, emerging musicians.

Historic live music pub the Troubadour on sale due to noise problems >>

London music venue and restaurant the Troubadour on sale >>

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