Historic hotel in Fife village up for sale

Based in the centre of Falkland, one of Fife’s most visited heritage villages, The Covenanter Hotel has origins dating back to 1771 and is Category B Listed, reflecting its special architectural and historic interest. The Covenanter Hotel enjoys international fame as a filming location in the globally successful television series Outlander.  The business has benefited significantly from tourist bookings and footfall from as far as the USA and beyond.

The hotel offers five en suite letting bedrooms as well as a licensed bar, serving both residents and a loyal local and visitor clientele. The Covenanter Hotel also operates a well-regarded restaurant as well as a daytime coffee shop, providing additional revenue streams and boosting footfall.

Owner of the hotel Ross Moonlight said, “I’ve decided to offer the lease for sale to allow me to focus on other business and personal interests. I’ve invested a great deal of time and effort into strengthening the Covenanter Hotel and bringing it to its strongest trading position to date, and I believe now is the right time for a new operator to take it forward”.

Simon Watson, Senior Business Agent – Hospitality at Christie & Co is managing the sale process and commented, “The Covenanter Hotel is being brought to the market at a point when the business is performing strongly, following significant investment and commitment from the current operator. The sale of the lease provides an excellent opportunity for an incoming operator to acquire a well-established and fully developed hospitality business. This is a rare chance to take on a proven operation with solid foundations and clear potential for continued growth”.

The Covenanter Hotel is on the market with a new lease asking price of £95,000 and annual rent of £70,000.

For more information about the property, visit: https://www.christie.com/5255052/

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