The price of Bristol’s Glassboat restaurant has been slashed by around £100,000 after failing to sell since going on the market, BristolLive can reveal. The floating restaurant on Welsh Back, near Bristol Bridge in the city centre, was put up for sale in April after 36 years.
The restaurant was originally being sold for around £750,000, with the price including the boat, all assets of the company, including the fixtures and fittings, and the mooring licence, which is normally £11,200. The 120ft long and 20ft wide former barge has now been reduced to £650,000, according to property company Burston Cook which is managing the sale.
Glassboat was built in 1986 by restaurateur Arne Ringer - the owner of Three Brothers burger restaurant on Welsh Back and the Lido restaurant, pool and spa in Clifton. Mr Ringer, who moved to the UK from Sweden, originally wanted to open a floating botanical garden on the vessel with business partner Magnus Macdonald, but Bristol planners turned down the idea.