Media Release: Graham + Sibbald bring Castle Inns portfolio to the market

GRAHAM + Sibbald have been appointed by the joint administrators, John Reid and Brian Milne of Deloitte, to bring the long-established Castle Inns (Stirling) Ltd leisure portfolio to the market.

Gary Louttit, the partner in charge of the leisure department of Graham + Sibbald, commented that this was a rare opportunity to purchase a portfolio of high-quality bars and nightclubs, all of which are established businesses with very impressive trading patterns, many over a long number of years.

The portfolio includes the City Nightclub & Sportsters Bar brands in Falkirk, Perth and Edinburgh, along with the famous Fubar Nightclub in Stirling, Sportsters Bar in Stirling and Cheers Nightclub in Dumbarton.

The businesses are being made available for purchase either individually, in lots, or as a single portfolio.

Gary Louttit further commented that discussions are already at an advanced stage with a number of major operators and it is therefore anticipated that disposals will be effected within a very short timescale.

For any further information please contact Gary Louttit, Head of Licensed Trade & Leisure department at the Glasgow office: 0141 332 1194.

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Graham + Sibbald

Graham + Sibbald is one of Scotland’s largest independent multi-disciplined firms of Chartered Surveyors.

The partnership operates from a network of 14 offices across the UK.

The practice offers a complete range of property services including: Residential & Commercial Valuations, Agency, Asset Management, Building Surveying and Project Management, Healthcare, Investment, Licensed Trade & Leisure, Development Planning, Petroleum & Roadside, Business Rating & Appeals.

Contact:

For further information regarding this article please contact Licensed Trade & Leisure department:

Gary Louttit, Partner – T: 0141 332 1194, E: gary.louttit@g-s.co.uk

Or Stuart Drysdale, Associate T: 0141 332 1194, E: stuart.drysdale@g-s.co.uk

PR/Media contact Graham + Sibbald : Patries MacIntyre-Hoorn, DD: 0141 567 5396, E: pmacintyre@g-s.co.uk

For further information regarding Graham + Sibbald, please visit our website: www.g-s.co.uk.

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