CHEERS TO THAT!
Exciting new Irish bar with live music and sports to open in major Scottish city
Details of the new bar have been revealed
AN EXCITING new Irish bar with live music and sports is set to open in a busy Scottish city.
Bosses at Encore Bars are eyeing up an exciting opportunity to open the new bar in Edinburgh.
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The stunning new venue will be called The Boston Bar and will be located on Hanover Street in the city centre.
It is set to move into the premises after it was previously owned by Bar Soba.
The Asian Street food outlet closed down last year after announcing its shock closure in May.
It had served customers in the city for 11 years and was one of three branches in Scotland.
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But now according to Edinburgh Evening News, Encore Bars has submitted plans to the local council to transform the building.
The plans include a bid to change the signage outside the venue and it is understood that the interior has already been refurbished.
The decor has been charged to suit the style of an Irish bar ahead of its reopening.
It comes after we previously revealed that the venue was sold to new owners last month.
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At the time, Cornerstone Business Agents revealed that the 140-cover bar had been acquired by an experienced operator.
The details of the sale were not released, however, the lease for the premises was advertised at £50,000 with an annual rent of around £118,000.
Why are so many pubs and bars closing?
David Higgins, of Cornerstone, said that the unit space would open soon after renovation works.
He said: "Another city centre completion for Cornerstone Business Agents and another to add to our recent success on Hanover Street.
"Following on from sales/new leases at 83, 96, 99 and 103 Hanover Street, the former Bar Soba at 104 has now changed hands.
"It will undergo a refurbishment before opening as a new concept soon, one that I am sure will do exceptionally well in an area that has definitely benefited from new operators such as Buck's Bar, Bibimbap and Stack & Still."
He added: "Bar Soba had occupied these premises for 11 years and when they decided to move on our client asked us to find a new tenant for the popular unit formed over ground and basement levels.
"After a short period of marketing and several proposals, an agreement was reached with an experienced operator who will bring the eye-catching unit back to its former glory."
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Cornerstone went on to add: "Trading until very recently as Bar Soba, this bar/restaurant occupies a highly prominent trading location on Hanover Street in the heart of what has become known as Edinburgh’s 'golden rectangle'.
"The 'golden rectangle' represents a central location in Edinburgh’s New Town between St Andrew Square and Charlotte Square incorporating all the streets and locations within."
What is happening to the hospitality industry?
MANY food and drink chains have been struggling in recently as the cost of living has led to fewer people spending on eating out.
Businesses had been struggling to bounce back after the pandemic, only to be hit with soaring energy bills and inflation.
Multiple chains have been affected, resulting in big-name brands like Wetherspoons and Frankie & Benny's closing branches.
Some chains have not survived, Byron Burger fell into administration last year, with owners saying it would result in the loss of over 200 jobs.
Pizza giant, Papa Johns is shutting down 43 of its stores soon.
Tasty, the owner of Wildwood, said it will shut sites as part of major restructuring plans.
The brand plans to close 20 loss-making restaurants after a “challenging” start to the year.
Stonegate, has raised fears about its survival as it races to plug its debts.