“The party is over,” say disappointed pub bosses after a major chain plans to close their Scottish venue

An iconic bar chain with dozens of locations across the UK has closed a popular Scottish venue for good – and fans are devastated by the news.

Revolution owns 58 bars and 22 gastro-pubs, as well as other chains such as Peach Pubs and Revolucion De Cuba.

But Scottish diners will now have one less bar to choose from after the chain confirmed the closure of its Inverness location after seven years.

The city centre venue will permanently close its Church Street premises on August 11.

In an emotional statement on social media, the bosses of the Highlands Vodka Bar said: “Sad News Notice.

“On Sunday, August 11, 2024, we will close our doors permanently.

“There were some great moments and we loved shaking your cocktails and watching everything Dance over the years, but this party is almost over.

“Join us in our final weeks and keep an eye on our social media channels for updates on our closing party.”

Revolution opened its northernmost branch in November 2017.

Fans immediately expressed their sadness in the comments about the decision to close the website.

One wrote: “We have to go, one last cocktail!”

Another said: “Absolutely not. I have loved coming here every time I have been to Inverness over the last two years.”

A third added: “We need to find a new place for cocktail dates… and figure out how to get a mean girl to do it!”

Revolution Bars had previously announced plans for a redevelopment that could result in the closure of 12 more bars, after six have already been closed.

The chain recently announced that it Cost of living Pressure that affected sales.

In an effort to save the Businessit was said that it was planning Raise £12.5 million from investors to become profitable again.

In an update today, Revolution announced that it had held an “exploratory meeting” with bar chain Nightcap.

A “number of possible transactions” are said to have been discussed, including a possible offer for the entire company.

However, there is no certainty that a binding offer will be made or that any terms and conditions will be agreed.

Revolution Bars announced in January that it would have to close eight of its bars, blaming younger customers who were spending less money than before.

Earlier this year, The Sun revealed that over 7,000 pubs are expected to go bust next year.

Rising costs and fewer customers have caused four-fifths of the pub’s profits to fall rapidly.

What is happening with the hotel and catering industry?

Many restaurant chains have been struggling recently as the cost of living has resulted in fewer people spending money on dining out.

Companies struggled to recover from the pandemic and have now been hit by skyrocketing energy bills and rising inflation.

Numerous chains were affected, leading to the closure of branches of well-known brands such as Wetherspoons and Frankie & Benny’s.

Some chains have not survived; Byron Burger filed for bankruptcy last year, with owners saying it would result in the loss of over 200 jobs.

Whitbread plans to close over 200 locations across the UK to build more hotel rooms.

The hotel and restaurant The company has around 840 locations across the UK and owns brands such as Premier Inn, Beefeater and Brewers Fayre.

Pizza giant Papa John’s will soon close 43 of its stores.

Tasty, the owner of Wildwood, said it would close locations as part of comprehensive restructuring plans.

The brand plans to close 20 loss-making restaurants after a “difficult” start to the year.

Stonegate has raised fears for the company’s existence as it attempts to pay off its debts.