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Insider UK
Business
Peter A Walker

Fife hotel put up for sale by administrators

The former Lomond Hills Hotel in Fife has been put up for sale by administrators.

Located at the foot of the Lomond Hills in Freuchie, the eighteenth century converted coaching inn had been trading for almost 300 years.

The property features 24 bedrooms, a restaurant and bar, along with two function suites and a leisure centre with a pool, gym, sauna and spa.

The property was placed into liquidation and ceased to trade, with all 17 staff made redundant, on 6 March. Challenges related to the cost-of-living-crisis and the pandemic were cited amongst the reasons for the village hotel’s liquidation.

Gary Witham, director in Christie & Co’s Scottish hospitality team, is leading the marketing process.

“This is an exceptional opportunity to create a hotel and leisure hub in an attractive village setting.

“The substantial building offers high quality leisure and hospitality facilities and we look forward to securing a new owner, to get this historic hotel back up and running.”

Thomas McKay, partner at administrators Begbies Traynor, added: “We hope the hotel will again be able to operate in the hands of new owners soon.

“The hotel is central to the local community and has been for a long time, so we anticipate their being a positive reaction from interested parties during the open marketing process.”

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