Sale crafts new future for Barn | Scottish Licensed Trade News

Scottish Licensed Trade News

Sale crafts new future for Barn

Posted on by in Property

Capital outlet changes hands five months after hitting market

An Edinburgh bar and restaurant has been sold just five months after it came onto the market.

Crafters Barn on North Bank Street was acquired on a leasehold basis by John Stamp. Selling agent Bruce & Co said the offer was received within three months of the business going onto the market, and effectively sold within less than two months of the offer being made.

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The 2000 square foot venue is said to have been extensively refurbished by previous owners Byron Holland and Amber Rashid, who opened the venue in its current incarnation last spring and sold it for relocation purposes.

Crafters Barn comprises a 52-cover restaurant and a bar furnished with modern wooden tables and chairs; there’s also a courtyard which can accommodate a further 28
covers.

Safa Sultan, sales negotiator at Bruce & Co, said the business is “well-supported” by the local community and benefits from “high levels of repeat custom”. It’s also said to benefit from “impressive levels of passing trade” due to its location within walking distance of George
Street.

“We knew that the business would prove to be popular when it came to the market,” said Sultan.

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