The Royal Hotel, Anstruther (ref 1627)

• Price: 45000
• Tenure: Leasehold
• Business type: Public house

Anstruther is one of the largest villages in the East Neuk of Fife situated close to the towns of Pittenweem, Elie and Crail. The East Neuk of Fife has always been a popular holiday destination with tourists attracted by picturesque harbour villages and miles of sandy beaches.

Anstruther is close to both St. Andrews (9 miles) and the city of Dundee (23 miles). St. Andrews is world famous as the home of golf as well as the University and the city of Dundee is undergoing a cultural renaissance with the opening of the Victoria & Albert Museum along with many other commercial developments.

Scotland’s capital city, Edinburgh can be reached in just over an hours drive.

The Royal Hotel occupies a prominent trading location on Rodger Street, one of the main streets leading from the Crail Road (A917) which passes through the village down to the harbour. Anstruther harbour is still a working harbour used by fishing boats and pleasure craft and is also home to the Anstruther Fish Bar (world famous and award winning).

The business has been in our clients’ hands for the last 4 years during which time they have gained an excellent reputation for their business enjoying a loyal custom in the public bar as well as trading the letting bedrooms very successfully. The bar side of the business has been transformed over the last few years and ensures a solid year round income for the owners.

This opportunity would certainly suit a couple/partnership team and those with an interest in food and the promotion of accommodation. The business is located in the largest village in the East Neuk of Fife attracting visitors all year round but especially peaking during the summer months.

The business is very neatly presented and in terms of ingoing capital expenditure, will not require anything specific beyond some personal touches if so required.

There is an owners flat situated on the first floor above the public bar with its own private entrance. The flat consists of a lounge, kitchen, bedroom and 2 bathrooms.

The property is offered on a lease agreement with around 6 years left on the current lease and a rent of £24,000 per annum.The landlord has indicated that this could be extended or a new lease issued for 10 years.

Council tax band: X, Tenure: Leasehold,