Commercial property

Traditional village pub, restaurant, and boutique bed and breakfast located in the heart of Fife. The property comprises a public house with 3 letting rooms on the first floor, suitable for commercial use. It features boutique double letting rooms with modern amenities such as Wi-Fi, coffee machines, TVs, and private bathrooms. The inn serves seasonal Scottish, local, and European dishes using regional produce for lunch and dinner, and has a fully stocked public bar. An outdoor seating area is also available. The letting rooms offer family-sized spaces with private bathrooms, tea and coffee makers, and WiFi connections, each including a work desk. This is a freehold sale. The property is located 21 km from St Andrews University and 6 km from Hill of Tarvit Mansion, with Falkland Palace and Garden (10 km) and Balgonie Castle (14 km) also nearby. Dundee Airport is 33 km away. The inn is situated within the charming rural village of Pitlessie, on Cupar Road. The property comprises a ground floor with a public bar, restaurant, kitchen, W.C., breakfast room, and ancillary storage. The first floor contains letting bedroom accommodation. The sale does not include the restaurant/Pitlessie Rooms business or assets not owned by the landlord. The net area is 427.93 Sq.m (4,606.20 Sq.Ft). The property is currently occupied, but the occupational lease has not been completed. The proposed occupational tenant is Bake Scotland Ltd. Should the lease of the whole complete, the annual rent is documented to be £30,000 per annum. The property is not VAT elected. It is located a short drive to Cupar, providing essential amenities and offering great commuter links for Dundee, Edinburgh, Perth and beyond. The property is surrounded by scenic countryside, features a popular local inn, and benefits from excellent community spirit, while lying just 4.5 miles southwest of the market town of Cupar. The location offers excellent transport links via the nearby A914 for easy commuting to Glenrothes, Dundee, and St Andrews, alongside access to high-performing local schooling and mainline railway links in Cupar. The premises licence does not automatically transfer with the property. The property summary is: Public house with 3 lettable rooms on the first floor. The property is not VAT Elected. Currently occupied (the sellers have not been able to complete an occupational lease with the tenant and cannot evidence a yield). The annual rent is documented to be £30,000 per annum. This is a freehold sale.