A popular café in a Scottish city has been sold.

The site, which is in a sought-after location, has been acquired by an experienced operator with a "huge existing loyal base".

The Restaurant Agency was behind the marketing and sale of Salt Café in Morningside in Edinburgh.

The firm said: "Acting on behalf of Olivia Connolly we are delighted to have sold the business to the renowned Edinburgh Larder, experienced operators who have been established in Blackfriars Street, just off the Royal Mile for many, many years and successfully operated by Eleanor Cunningham and her team allowing for further expansion across the city to Morningside.

"Salt, which was successfully operated by Liv and her team for the past four years, provided a strong  and popular brunch menu and it was a synergy between the two offerings that brought Edinburgh Larder to the table and will bring their food offering to Morningside/Bruntsfield which will likely draw the custom from a huge existing and loyal base to their new location."

The new offering is set to open on September 28 and online bookings will be available from October 3.

The agent added: "The business will be a welcome addition to Morningside and its ‘foodie culture’."

Alan Goldie, director of The Restaurant Agency Ltd, who handled the sale, said: "We are delighted to welcome another strong operator, this time with their own brand to what was Salt Café for over 10 years under differing tenants. In each sale we have handled there have been subtle changes to the format and all have performed well as businesses in their own right."

He added: "We fully expect The Edinburgh Larder Morningside to replicate is success in Blackfriars Street to Morningside Road and doubtless the positive four years of operation of the most recent incarnation of Salt will bring the food brigade piling back in to sample or remind themselves of Edinburgh Larder’s continuing heritage in the city."


Housebuilder founded in Scotland sold for £1.4 billion

 

Housebuilding giant Cala, which was founded in Scotland, has been sold to US investors for more than £1 billion.

Pensions giant Legal & General announced today that it had agreed to sell Cala to the Sixth Street Partners and Patron Capital investment firms, in a deal which puts a £1.4bn valuation on the business.

The sale could allow Legal & General to book a big gain on its investment in Cala, which has enjoyed strong growth in recent years amid buoyant market conditions. However, conditions  have deteriorated in recent months after increases in mortgage costs.


Cruise to Scotland's forgotten whaling grounds sells out in ten minutes

 

A voyage to one of Scotland’s forgotten whaling grounds sold out almost immediately after being made available, cruise operators have said.  

Hebridean Cruises launched the trip as part of their calendar of excursions for next year, taking tourists to the Rockall Trough north and west of St Kilda.  

The operator said that berths on the 10-day sailing, titled ‘In Search of Giants’, sold out within 10 minutes of it going online.  

The area is an important migratory corridor for large baleen whales and sperm whales, and the excursion is led by expert guide Dr Conor Ryan - who has conducted important studies on the ecology of whales and the history of whaling in Scotland.