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Description
Traditional village pub, restaurant, and boutique bed and breakfast located in the heart of Fife. Public house with 3 lettable rooms on the first floor. The property is not VAT Elected. Freehold.
Features boutique double letting rooms (Pitlessie Rooms) equipped with modern amenities like Wi-Fi, coffee machines, TVs and private bathrooms. Popular Village setting in Fife, Scotland.
Serves seasonal Scottish, local, and European dishes using regional produce for lunch and dinner alongside a fully stocked public bar. The property features an outdoor seating area.
The letting rooms at The Pitlessie Village Inn offer family sized spaces with private bathrooms, tea and coffee makers and WiFi connections. Each letting room includes a work desk. Freehold Sale.
Located 21 km from St Andrews University and 6 km from Hill of Tarvit Mansion, the inn is also close to Falkland Palace and Garden (10 km) and Balgonie Castle (14 km). Dundee Airport is 33 km away.
The subjects comprise a substantial part two storey part single store constructed village inn. Located within the charming rural village of Pitlessie. Traditional village pub (the premises licence does not automatically transfer with the property), restaurant and bed and breakfast located in the heart of Fife. The historic Falkland and Lomond Hills and the beach at St Andrews are all loctaed within half an hour of the property. Ladybank train station approx. 2.7 miles. Located on Cupar Road. Comprises - Ground Floor - Public bar, restaurant, kitchen, W.C, breakfast room and ancillary sorage. First floor - Letting bedroom accomodation. Tenure - Outright ownership of the heritable interest. The sale does not include the restaurant/Pitlessie Rooms business or assets not owned by the landlord. Net Area - 427.93 Sq.m (4,606.20 Sq.Ft). The annual rent is documented to be £30,000 per annum. Please note the property is currently occupied however the occupational lease has not completed. The proposed occupational tenant is Bake Scotland Ltd. The property summary - 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). Should the lease of whole complete, the annual rent is documented to be £30,000 per annum. Short Drive to Cupar providing all Essential Amenities. Great Commuter Links for Dundee, Edinburgh, Perth and beyond. Features boutique double letting rooms (Pitlessie Rooms) equipped with modern amenities like Wi-Fi, coffee machines, TVs, and private bathrooms. Popular village in Fife. Located 21 km from St Andrews University and 6 km from Hill of Tarvit Mansion, the inn is also close to Falkland Palace and Garden (10 km) and Balgonie Castle (14 km). Dundee Airport is 33 km away.
Maps & Location
Map Street View SatelliteLocated 21 km from St Andrews University and 6 km from Hill of Tarvit Mansion, the inn is also close to Falkland Palace & Garden (10 km) and Balgonie Castle (14 km). Dundee Airport is 33 km away. Surrounded by scenic countryside, the village features a popular local inn and 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.
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Pricing Information & Bidding
Opening Bid: £225,000
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Terms & Conditions of Sale
- 10% Deposit (Minimum £3,000)
- Standard Completion (Unless specified differently in any Special Conditions of Sale)
- Buyers Fee = 2% of Sale Price (Minimum £3,250 + vat)
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General Terms & Conditions of Sale
Lot Specific Terms - The Pitlessie Village Inn, Pitlessie, Cupar