Last month we shared the sad news that yet another of London's best live music venues was at risk of closure, as the owners of The Troubador were forced to put the Earl's Court venue on the market. But now it looks like the coffee shop and gig venue, which opened in 1954 and has seen Bob Dylan, Paul Simon and Jimi Hendrix perform on its stage, has been saved. It's been bought by an existing shareholder, Giles McNamee, who says he's 'strongly committed' to the business. The previous owners, Susie and Simon Thornhill, won't be getting the boot either, as they'll continue to run the venue on a day-to-day basis. Phew!
Want more good news? Read about the developers who were forced to rebuild a pub after knocking it down without permission.