Historic Fife hotel which enjoyed Outlander boom is up for sale
A historic hotel in Fife which gained international fame thanks to hit series Outlander has been put up for sale.
The Covenanter Hotel in Falkland is on the market after its owner decided to focus on other personal and business interests.
The hotel, in the heart of the royal burgh, dates from 1771, and its Category B Listed status reflects its special architectural and historic interest.
The Covenanter enjoyed international fame as a filming location in the globally successful Outlander with the business benefiting significantly from tourist bookings and footfall from as far as the USA and beyond.
The hotel has five en suite letting bedrooms as well as a licensed bar, serving both residents and a solid local and visitor clientele. It operates a well-regarded restaurant as well as a daytime coffee shop, providing additional revenue streams and boosting footfall.
Ross Moonlight, owner, 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, which is managing the sale, said: “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.