Calendar An icon of a desk calendar. Cancel An icon of a circle with a diagonal line across. Caret An icon of a block arrow pointing to the right. Email An icon of a paper envelope. Facebook An icon of the Facebook "f" mark. Google An icon of the Google "G" mark. Linked In An icon of the Linked In "in" mark. Logout An icon representing logout. Profile An icon that resembles human head and shoulders. Telephone An icon of a traditional telephone receiver. Tick An icon of a tick mark. Is Public An icon of a human eye and eyelashes. Is Not Public An icon of a human eye and eyelashes with a diagonal line through it. Pause Icon A two-lined pause icon for stopping interactions. Quote Mark A opening quote mark. Quote Mark A closing quote mark. Arrow An icon of an arrow. Folder An icon of a paper folder. Breaking An icon of an exclamation mark on a circular background. Camera An icon of a digital camera. Caret An icon of a caret arrow. Clock An icon of a clock face. Close An icon of the an X shape. Close Icon An icon used to represent where to interact to collapse or dismiss a component Comment An icon of a speech bubble. Comments An icon of a speech bubble, denoting user comments. Comments An icon of a speech bubble, denoting user comments. Ellipsis An icon of 3 horizontal dots. Envelope An icon of a paper envelope. Facebook An icon of a facebook f logo. Camera An icon of a digital camera. Home An icon of a house. Instagram An icon of the Instagram logo. LinkedIn An icon of the LinkedIn logo. Magnifying Glass An icon of a magnifying glass. Search Icon A magnifying glass icon that is used to represent the function of searching. Menu An icon of 3 horizontal lines. Hamburger Menu Icon An icon used to represent a collapsed menu. Next An icon of an arrow pointing to the right. Notice An explanation mark centred inside a circle. Previous An icon of an arrow pointing to the left. Rating An icon of a star. Tag An icon of a tag. Twitter An icon of the Twitter logo. Video Camera An icon of a video camera shape. Speech Bubble Icon A icon displaying a speech bubble WhatsApp An icon of the WhatsApp logo. Information An icon of an information logo. Plus A mathematical 'plus' symbol. Duration An icon indicating Time. Success Tick An icon of a green tick. Success Tick Timeout An icon of a greyed out success tick. Loading Spinner An icon of a loading spinner. Facebook Messenger An icon of the facebook messenger app logo. Facebook An icon of a facebook f logo. Facebook Messenger An icon of the Twitter app logo. LinkedIn An icon of the LinkedIn logo. WhatsApp Messenger An icon of the Whatsapp messenger app logo. Email An icon of an mail envelope. Copy link A decentered black square over a white square.

Ryden reports strong trade in pub deals

The pub market is picking up, says Ryden
The pub market is picking up, says Ryden

A flurry of activity in the pub sector in Scotland has seen property consultant Ryden sell a string of pubs across the country.

The firm said six recently struck deals were worth nearly £1million in total in an another sign the economy is improving.

In Inverness, Deeno’s Sports Bar in Academy Street was sold to Cairngorm Brewery for continued use as a pub.

Ryden negotiated the deal on behalf of Star Pubs and Bars (SPB), which was selling the property at offers over £280,000.

The Northern Lights bar and restaurant at Hatton of Fintray in Aberdeenshire was sold to a private buyer for continued use as a pub after Ryden marketed the property for Punch Taverns at an asking price of £250,000.

The Tayport Arms in Nelson Street, Tayport, Fife, was also sold to a private buyer on behalf of SPB after going on the market at offers over £125,000. It too will continue to trade as a public house.

Ryden sold the Cooper’s Rest in Easter Road, Edinburgh, to SIPP on behalf of Punch Taverns. The property, which will also continue to trade as a public house, was on the market at offers over £145,000.

The nearby Albion Bar, which was another of Punch Tavern’s sites, was sold privately after being advertised at an asking price of more than £135,000.

To the east of Edinburgh, the Old Ship Inn in Port Seton was acquired from Punch Taverns by a private client after offers over £250,000 were sought.

Andy Macpherson, licensed trade expert at Ryden, said: “The fact that the bulk of these properties are being retained for pub use is encouraging for the pub sector and a definite sign that there is growing confidence that the economy is improving.

“The market for these types of secondary licensed properties, however, is still fairly dependent on cash rich buyers.”