Babbity Bowster in Merchant City, Glasgow becomes the first sale of 2020 for highly respected business brokers Bruce & Co.
Over 3 decades ago, the previous vendor embarked on a journey. They began a considerable refurbishment project, transforming a Grade 2 listed historic building into a charming pub.
The building is a commanding 18th century property, but it has been sympathetically brought to modern standards, but it retains its history and its characterful personality.
Once the refurbishment was complete, this acclaimed public house, hotel and restaurant was definitively established.
This longstanding and extremely popular pub, hotel and restaurant is located in the thriving and lively party district of Merchant City. It has truly consolidated its place in this vibrant cultural area.
Throughout the tenure of the previous vendor, this business has extensively benefitted from the expert leadership and direction of the previous owners.
Trading all year round, this exceptional business enjoys a truly outstanding reputation.
It is well-known for its excellent hospitality, unparalleled cuisine, and exciting live music and events.
It also serves refreshments and provides accommodation for both the local community and also for a mix of tourists and business visitors.
This prestigious and longstanding business greatly appeals to both the local community, and also to clients who travel from far and wide.
Benefitting from a series of redevelopment projects over the years, this business has received continuous reinvestment and regeneration.
The 3 decades worth of hard work of the previous owners definitively paid off, resulting in the business featuring in many leading global travel guides and garnering impressive online reviews.
It also led to the pub being awarded UK Town Pub of The Year, being described as a ‘Glasgow Institution’.
Coming to the conclusion that they had achieved everything they desired to with this welcoming and hospitable business, the previous vendor decided it was time to make a change; they decided to emigrate.
They approached the professional brokerage firm Bruce & Co. to handle the sale of their beloved business.
Once placed onto the market by the expert team at Bruce & Co, the setting generated a substantial amount of interest.
As a result, this highly desirable business swiftly sold to a corporate buyer, making it the first deal completion of 2020 for the Bruce and Co.
It is now time for a vibrant new ownership structure to be implemented in this veteran establishment, and to continue its legacy.
The buyer commented;
“I am pleased with the end result of this deal, and I would do business with Bruce & Co. in the future.”
Lead Negotiator Adam Dell’Armi commented;
“I was genuinely delighted when the sale of Project Arthur was concluded. I would like to wish all parties involved all the best for the future.”