'Iconic' Glasgow pub the Laurieston sold to private investor after 40 years of being family-owned

An “iconic” Glasgow pub owned by the same family for more than 40 years has been sold to a private investor.

The award-winning Laurieston Bar on Bridge Street in the Gorbals has been run by the Clancy family for more than four decades.

Specialist business property adviser, Christie & Co, confirmed the pub, which was first occupied by Alexander Wiseman in 1836, has been sold to a private investor.

The new owner, according to the property advisers, has confirmed that the business will continue to “operate as it has done for the last four decades.”

A member of the Clancy family will remain involved to “carry on the long standing traditions that have deservedly made the establishment one of Glasgow’s favourites.”

Previous owners, John and James Clancy said: “We wish the new owner the very best for the future and are delighted that their plan for The Laurieston Bar is to continue to be ‘just a pub.’

“We would also like to thank Tony Spence for his professionalism throughout the whole sale process, and offering support and advice whenever needed.”

Tony Spence, associate director at Christie & Co, who handled the sale, added: “I am delighted to have been involved in the sale of this iconic public house in Glasgow.

“This was a rare opportunity to purchase a proper ‘boozer’ with high turnover and profits.

“We were inundated with interest from the outset and were able to set a swift closing date and achieve a great result for our clients.”