Another of Kirkcaldy’s oldest hotels has gone on the market.
Offers in the region of £1.1 million are being sought for the family-run Victoria Hotel in Victoria Road.
The news follows the sudden closure last month of the town’s Strathearn Hotel, which is also now up for sale.
Unlike the Strathearn, however, the Victoria is still a vibrant business and is being sold as a going concern.
The 21-bedroom hotel in the heart of Kirkcaldy is being marketed by Colliers International (Hotels), Edinburgh.
Once the home of well-known furniture manufacturer A.H. McIntosh, the Victorian mansion house was converted into a hotel in 1948.
Following a number of extensions, it now houses a function room, bar and restaurant and is a popular venue for weddings.
The hotel has been in the same family for more than 30 years but Colliers said it had been put up for sale after a change in family circumstances and the need to concentrate on other business interests.
In the sales particulars, Colliers states: “Management accounts for the year ended December 31 2014 show a turnover of £927,964 (net of VAT). This is similar to previous years.
“The business is well-established but there is scope for further growth, particularly if operated by hands-on proprietors.”
The Strathearn Hotel in Wishart Place was placed on the market last week by local estate agent Graham and Sibbald, which stated it would be open to offers given it was now an empty building with no ongoing business.
The B-listed Victorian hotel closed on May 17 with leaseholders Stephen Stewart and Tina Syme giving shocked staff just a few hours’ notice.
Workers were left without pay and couples who were due to marry there ended up disappointed and out of pocket. It too was once a family home occupied by the Wishart family and was converted into a hotel between 1936 and 1945.
It was once a popular venue for weddings and other functions but in the past year the 10 staff dwindled to about three.