A single storey lock up traditional public house, Strathmore Bar is situated on the A81 at 795 Maryhill Road, Glasgow G20 7TL. The property, with a quoting price of £175,000 + VAT, was acquired by local developer Broom Estates. The new owner has submitted a planning application for a 1,200 sq ft extension and on completion has pre-let the property to Glasgow Bars Limited on a new 20 year full repairing and insuring lease at £30,000 per annum.
In Renfrew, town centre public bar and lounge Wheatsheaf Inn and Viking Lodge, is set for redevelopment, following the sale of the Canal Street C-listed property off an asking price of £260,000 + VAT. The team behind popular Renfrew Mediterranean restaurant, Piccolo Mondo, will be creating an upmarket café/bar, with a strong Italian flavour.
Paul Shiells, director, Licensed & Leisure with Colliers International, said: “These properties have become local landmarks over the years and we are delighted to have secured new owners for the Wheatsheaf and Strathmore.”