West End pub sold to restaurant group owner

A PUB in Glasgow's West End has been sold to the owner of Riva Restaurants. 

Acting on behalf of pub company Three Thistles, Shepherd Chartered Surveyors has sold Dram on Woodlands Road for a seven-figure sum to experienced operator Peter Di Ciacca.

The bar is close to The Stand Comedy Club and is the first of seven licensed premises from Three Thistles across the central belt to be sold.

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Gary Louttit, head of hospitality and leisure at Shepherd, said: "I’m delighted to have brought this iconic business to the market and to have been able to see the huge level of interest shown in it, resulting in an early sale at an optimum price.

"And I can confirm that offers are in place for the remainder of the portfolio, and I expect to see all of the properties completing in the coming weeks."

Riva Restaurants owns Riva, Camphill Vaults and Rosso which are located in Bothwell.