CITY RESTAURANT SNAPPED UP
The restaurant is described as an ‘ institution’
A GLASGOW restaurant has been sold after 23 years.
The new owner plans to develop the evening offering at the city “institution” after sealing the deal.
Smith and Clough Business Associates, which handled the sale, said the strong- performing restaurant and café bar, which has around 60 covers and outside seating, is a “stunning property”.
Jonathan Clough, of Smith and Clough Business Associates, said: “We are delighted to announce the freehold sale of Ziques restaurant and cafe bar on Hyndland Street, as well as their sister business, Bakery by Zique, just off Clarence Drive, both of which are located in the popular Hyndland area within Glasgow’s West End.
“Ziques was established by our client Mhairi Taylor back in 2001, and is therefore extremely well established and enjoys an excellent reputation for its brunches, lunches and light bites and is a real Glasgow institution.
“The bakery opened in 2017 and has also proved extremely popular with the residents of Hyndland.”
Mr Clough also said: “After a short marketing campaign where we received strong interest and multiple offers, we are thrilled to announce that the business has been bought by Hinba Coffee Roasters, who currently operate two coffee shops in Glasgow as well as Oban.
Fergus McCoss, owner of Hinba, said: “We are excited to take over such a West End institution, bringing Ziques into the Hinba family.
“Mhairi and the team at Ziques have done such a great job in creating a brilliant product, there won’t be many changes to begin with.
“Ziques will continue to deliver the same amazing food and environment, and we will slowly make changes over the course of the next few months to bring it more in line with Hinba, but towards the end of the year and next year we hope to really develop the evening offering, working closely with our new head chef. So watch this space!”
While the value of the sale was not disclosed, the freehold was marketed at offers over £ 595,000.