Rare opportunity to acquire longstanding pub in Glasgow’s Gorbals District
Specialist business property adviser, Christie & Co, is pleased to bring to market The Laurieston Bar in Glasgow’s city centre. The well-established bar has been owned by the Clancy family for over 40 years.
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Prominently positioned on Bridge Street in Glasgow’s Gorbals District, The Laurieston is within one of the city’s most popular pub crawl circuits, and benefits from local and tourist trade year-round. The bar also generates trade from the additional footfall from the nearby O2 Academy and will also soon benefit from the exciting regeneration project at Central Quay, which will bring c.350 new apartments to the area.
The Laurieston has maintained a traditional theme throughout, featuring panelled walls and ceilings, memorabilia and drawings from local artists which all add to the pub's charming character.
The current owners, John and James Clancy, comment, “In any family business, "family", is the priority. After 40 years serving "The Laurieston Bar Family", we would now like to devote more time to serving the Clancy family. It goes without saying, it will be business as usual until the right buyer is found.”
Tony Spence, Associate Director at Christie & Co who handled the sale, comments, “This is a rare opportunity to acquire a longstanding, successful pub in central Glasgow. The business is well placed to succeed going forward and would suit both an owner-operator or could be added to an existing portfolio.”
For further information on this press release, contact:
Bronte Hughes, Corporate Communications Executive
P: 020 7227 0794 or E: bronte.hughes@christie.com
Contact the agent:
Tony Spence, Associate Director – Hospitality Scotland
M: +44 7546 698 684 or E: tony.spence@christie.com
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