Peter Di Ciacca, owner of Riva Restaurants has bought the Dram on Woodlands Road from Three Thistles pub company for a seven-figure sum.
Shepherd Chartered Surveyors, who are also handling the sale of another six licensed premises for Three Thistles across the central belt have said that the remaining pubs will be sold soon.
Based in the Glasgow’s west end, the Dram is located in a long-established licensed leisure circuit and 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.”