A FIFE hotel with “enviable” views across the Firth of Forth has come onto the books of property firm Christie & Co.
Built in 1912, the Elgin Hotel is described as a traditional, two-storey hotel and wedding venue which comprises 15 en suite guest bedrooms – the majority of which enjoy sea views – a restaurant and lounge bar (combined 90 covers) and a function room with capacity for up to 160 guests.
Additionally, the hotel also has its own chapel, with capacity for up to 70 guests, which allows it to hold wedding ceremonies as well as receptions.
Occupying a two-acre plot, the Elgin Hotel is said to offer “extensive” outside space, with two private car parks and a children’s play area.
The sale offers an opportunity to buy an established business in a coastal town.
The site also offers scope for further development, according to Christie & Co, which said, as well as providing historic consent for a detached, four-bedroom cottage on the rear side of the hotel, the plot “has great development potential” to add an additional 40 bedrooms, subject to planning permission.
Located on the north shore of the Firth of Forth, in the village of Charlestown, the business is also said to benefit from good accessibility to larger surrounding cities, including Edinburgh, Stirling and the town of Dunfermline.
The sale of the business is to allow current owner Rob Wemyss, who has operated the hotel for the past 23 years, to retire from the trade.
Stuart Drysdale of Christie & Co, which is marketing the hotel at offers in excess of £650,000 for the freehold, said the sale “presents a unique opportunity to purchase an established business in a coastal town”.