Opus rescues iconic London live music venue The Troubadour
January 28, 2016
Opus Partners, Steve Parker and Trevor Binyon were able recently to preserve and ultimately rescue the Troubadour live music venue and café in West London, despite a £1.3m debt mountain and severe creditor pressure.
The Troubadour has hosted 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. Unfortunately, like many live music venues in the UK, it had faced commercial challenges in recent years and was being badly affected financially by noise abatement restrictions.