Specialist business property adviser Christie & Co has announced that The Globe Bar on Niddry Street has been acquired by hospitality operator Encore Bars Group, adding to the group’s growing city centre portfolio.

Encore Bars Group operates several venues across the city including The Boston Bar on Hanover Street, Freddy’s on Frederick Street, and Westside Rodeo on George Street.

The new owners ran The Globe Bar in its current format over the festive period before closing after Hogmanay for a full refurbishment. They plan to reopen the venue in February 2026 with a new concept.

Edward Fox, Director at Encore Bars, said, “We are delighted to be setting some roots in the Old Town for our expanding group. We have been looking for the right venue, and definitely feel we have found it at The Globe. 

“We can’t wait to add our personality and touch to the venue in the New Year, aiming to open in February 2026 with our next concept.”

Simon Watson, Senior Business Agent at Christie & Co commented, “We are delighted to get this deal over the line for Edward and the team at Encore Bars. It is an excellent location to expand their business into Edinburgh’s Old Town. 

“Our role goes beyond selling agents, and through our established network and contacts we are also able to identify acquisition opportunities.

“We welcome confidential, no‑obligation discussions for those looking to explore their options in the hospitality sector.”

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