There will be no room at the inn at the Craw’s Nest in Anstruther following news that it will never again open its doors as a hotel.
Long a local landmark, the iconic hotel has been on the market since 2013 but there have been no takers for it as a going concern.
It closed last October for the winter season and owner Symphony Hotels and Leisure Ltd has decided to make the closure permanent.
It is now considering a proposal from specialist housing developers McCarthy & Stone to turn the site into a £5 million retirement development,
Local residents and community groups are now being invited to view plans for the proposal.
If granted planning permission, the hotel would be replaced with 38 one and two-bedroom apartments designed for sale to people over 60. It would include a residents’ lounge, guest accommodation and landscaped gardens.
Steve Wiseman, managing director of McCarthy & Stone in Scotland, said: “We’re keen to hear from local people and get feedback on our proposal before we submit a planning application so I hope that people will come and meet the team at the exhibition.
“The proposal has been designed to complement the surrounding area and will add to the mix of housing options for older people locally. Our Retirement Living developments are proven to have a number of wider community benefits as residents use local shops and services and tend to move from under-occupied large family homes, within a five-mile radius, which helps to free up this type of housing for sale.
“During the construction process we also expect to employ around 25 companies further boosting the local economy.”
The current owner of the Craw’s Nest believes the development would be good for the local area.
Mike Sheffield, director of Symphony Hotels and Leisure, said: “We are delighted that this exciting redevelopment will fit well within Anstruther and the local community, a welcome addition to the East Neuk.”
The exhibition is in the Lower Dreel Hall from 1-7pm. In addition, the developer has set up a freephone information line for anyone who is unable to attend the public event on Friday or would like more information - 0800 088 4322.
Artist impressions and architectural drawings will be on show at an exhibition being held this Friday at the Dreel Halls in Anstruther.
Representatives from the development team will be on hand to discuss the plans and answer questions.