Fisherman’s Arms Sold by Bruce & Co.
21st January 2020
Bruce & Co announce the sale of this popular bar in Coldstream, Scottish Borders.
This historic Borders Inn occupies a proud presence in the ancient village of Birgham.
Over 10 years ago, the building was purchased by a group of Birgham residents, with the aim of leasing the business out to a vendor.
After an extensive refurbishment programme, the business was leased out to the previous vendor.
The business has greatly benefitted from the vendor’s expert ownership and direction, receiving substantial reinvestment and development.
As a result, the setting has become a popular community cornerstone within this rural village setting.
After successfully running the pub and achieving everything they set out to with the business, they ultimately decided it was time to focus on other new ventures and opportunities.
They entrusted the experienced services of Scotland’s leading business brokerage, Bruce & Co. to handle the sale of their unique and historic business.
Since the Fisherman’s Arms was placed on the market, it attracted attention from a wide range of prospective purchasers.
After receiving 4 viewings and 1 offer, the business subsequently sold.
It was eagerly purchased by an ambitious buyer who holds significant industry experience.
They were attracted to this business as they wish to run their own public house, and they appreciated that this historic business has recently been sympathetically refurbished by the previous vendors.
The Fisherman’s Arms has made the perfect acquisition for this experienced industry operator.
The buyer wishes to continue running the pub to the high standard in which its clientele are currently accustomed to.
The vendor commented;
“We were very happy with the service we received from Steve at Bruce & Co. We found the regular updates helpful. We also liked that we were able to have an input and that we could manage the negotiations.”
The buyer commented;
“I am very happy with the service provided by Bruce & Co, particularly the introduction and viewing process.”
Lead Negotiator Stephen Croft commented;
“I was happy to achieve a successful sale of this business by introducing a suitable applicant that the vendors were happy to deal with.”