A Wetherspoons pub on the market for almost a year has finally found a buyer.
And now, almost a year after it first went on the market, the much-loved former cinema has found a new owner.
The watering hole has been bought by David Nourani, the chief executive of DN Property London, for an undisclosed sum.
More than 30 pubs in London have been sold to the property tycoon, including former Wetherspoons pub The Tollgate in Turnpike Lane.
A spokesperson for Wetherspoons confirmed the sale and said that all staff would be retained or offered alternative roles within the chain.
They added that they could not yet reveal the date on which the pub would stop trading as a Wetherspoons.
David Nourani of DN Property London said: “The Coronet is steeped in so much history that it would have been scandalous if it had been allowed to close.
“My intention is that it will continue as a public house, with exciting plans for a delicate and sensitive renovation."
The Coronet, designed by architect William Glenn, first opened its doors as the Savoy Cinema in 1940, before becoming a pub in 1983.
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