Former bar and music venue in Glasgow to welcome new operator
Specialist business property adviser, Christie & Co, has announced the leasehold sale of 427 Sauchiehall Street, a former public house and live music venue in Glasgow city centre.
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The two-level property features a bar and gig area in the basement with capacity for around 160 guests, as well as a main bar area on the first floor, with capacity for around 180 guests.
The property has been leased to a local multiple operator who plans to refurbish the venue and open by August. George comments, “This is an excellent opportunity in a known location and I am excited to get the venue refurbished and the doors open again. Glasgow has the appetite for more small/medium-sized live music and club venues, and I’m looking forward to offering that in combination with a very unique bar upstairs. 1990 and The Cobra Club is due to be open in early August and I look forward to welcoming many familiar faces and new customers.”
Tony Spence, Associate Director – Hospitality at Christie & Co, managed the leasehold sale and added, “We remain very keen to speak with operators who are considering a sale or purchase over the coming months. The market is active and we are seeing a growing demand for hospitality businesses such as this.”
For further information on this press release, contact:
Jasmine Davis, Corporate Communications Manager
P: 07561 115179
E: jasmine.davis@christie.com
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