A former parsonage in a Scottish city is now home to a well-known pub called Cloisters Bar, which has recently been put up for sale. The agent handling the sale, Simon Watson from Christie & Co, described the pub as an established and profitable establishment located in a bustling area with high foot traffic.
Cloisters Bar, which has been in operation since 1995, is housed in the historic former All Saints Parsonage. The building’s traditional features have been well maintained, creating a cozy and welcoming atmosphere for visitors. The pub has gained a loyal following over the years, particularly among beer enthusiasts who appreciate the wide selection of cask and keg beers that are regularly offered.
According to Watson, Cloisters Bar presents an exciting opportunity for potential buyers as the business is already profitable and shows promise for further growth. Its prime location adds to its appeal, making it a lucrative investment for those looking to enter the hospitality industry.
Christie & Co has listed the freehold for Cloisters Bar at a starting price of £950,000, inviting offers from interested parties who see the potential in this unique property. The pub’s charming location and reputation as a beloved spot for beer lovers make it a desirable acquisition for those looking to own a successful business in the heart of Edinburgh.
In addition to its attractive features and profitable business model, Cloisters Bar also offers a piece of local history and heritage to potential buyers. The building’s rich past as a parsonage adds to its character and appeal, providing a unique setting for patrons to enjoy a drink and socialize in a one-of-a-kind venue.
Overall, the sale of Cloisters Bar presents a rare opportunity for investors and entrepreneurs to acquire a well-established and popular pub in a prime location. With its profitable business model, loyal customer base, and historic charm, this former parsonage pub is truly an ideal spot for beer enthusiasts and hospitality industry professionals alike.
