Acting on behalf of insolvency specialist Hastings & Co, Shepherd Chartered Surveyors has sold the Caledonian Bar in Wishaw for £70,000 to a private purchaser.

Located at 406 Caledonian Road, Wishaw, Lanarkshire, the Caledonian Bar had gone out of business.

Jamie Savage, commercial surveyor at Shepherd, said, “As the recession continues to take effect, a number of repossessions arising across the licensed trade are creating opportunities for private developers to acquire properties at competitive prices.

For further information please contact Jamie Savage, Shepherd tel 0141 331 2807