THREE properties in the east of Scotland have changed hands in deals brokered by property firm Cornerstone.
The agent handled the sales of The Harbour Bar in Kirkcaldy, the former Grill 48/Townhouse Restaurant in Dunfermline and restaurant premises on Candlemaker Row in Edinburgh.
Located near the Greyfriars Bobby statue in the capital’s old town, the premises at 44 Candlemaker Row was acquired by a new London-based restaurant company for what was described as a “substantial premium”; the property was on the market with a leasehold guide price of £85,000 and the final sales price was not disclosed.
Cornerstone’s Barry McNeil said the market in Edinburgh “remains very buoyant”.
The property agent also handled the sale of the former Grill 48/Townhouse Restaurant in the Fife town of Dunfermline.
The leasehold of the premises at 48 East Port was acquired by the team behind Nobles Cuisine, which is set to return to the town after an absence of nearly ten years. “It is superb to see the return of such an old favourite to the licensed trade offerings in the town,” said McNeil.
Elsewhere in Fife, the agent brokered the sale of The Harbour Bar in Kirkcaldy for an undisclosed sum from a guide price of £130,000.
McNeil at Cornerstone said: “The sale was bittersweet as our client passed away whilst we were marketing the property.
“For nearly 40 years the business was owned and run by much-loved and charismatic publican, Nick Bromfield. We were happy to conclude the sale of behalf of the co-owner, Mrs Gillie Bromfield.”
