Pub operator JD Wetherspoon has bought Muswell Hill pub the Village, it has announced.
The north-London venue will receive a £1.5m redevelopment and create 50 new jobs. The aim is to re-open in July 2014.
The new buy represents a return home for original Wetherspoon founder Tim Martin, who opened his first Wetherspoon pub in Muswell Hill in 1979.
Of the new site, he said: "I opened my first ever pub in Muswell Hill and have very happy memories of the area. It was the launch pad for Wetherspoon's success across the UK in the following years. I'm looking forward to seeing a Wetherspoon pub in Muswell Hill once again."
Operator JD Wetherspoon began with just one pub but now runs to over 800 across the UK, including some with rooms and many in interesting or unusual buildings, such as old theatres. The company also operates several airport locations, and also runs the Lloyds No. 1 chain.
All Wetherspoon venues offer free WiFi and a varied, all-day menu of food, drink and ales, often marketed as good value and particularly suitable for families and large groups.