Specialist business property adviser Christie & Co has announced the sale of the lease for Madden’s Bar, a well-established, neighbourhood pub located in East Finchley, North London.

Renowned for its strong local following and welcoming atmosphere, Madden’s Bar features a varied drinks offering as well as an on-site kitchen serving Thai dishes. The pub is also a popular live music venue, hosting events and artists throughout the year.

Occupying a prominent position on East Finchley High Road in North London, the pub benefits from excellent visibility, a loyal customer base and a desirable catchment within one of the capital’s most sought-after suburban locations.

Former owner of the business, Enda Murray decided to sell the lease and hand over the reins to a new operator to focus on other business ventures.

Enda said, “The time has come for us to move on from Madden’s but we wish Olivia every success in the future, it truly is a fantastic pub and it’s in great hands. Throughout the sale we found Christie & Co very helpful and great to deal with.”

The lease for Madden’s Bar has been acquired by Olivia Isbitt from Conexus Pub Group, a family-owned group of pubs across London and the home counties.

Olivia added, “We are pleased to takeover such a well-established business in Madden’s. We will continue to operate in the same way to continue the success of the long-standing venue, with the addition of an experienced general manager.”

David Wilson, Associate Director – Pubs & Restaurants at Christie & Co, who managed the sale process, commented, “We are delighted to have managed this sale of this fantastic pub lease and are certain the business is in excellent hands with its new owners.

“This transaction further underlines the depth of demand we are seeing for leasehold pubs in across London, and we would encourage any owners considering a sale to get in touch for tailored marketing advice.”