Shepherd markets Michelin star restaurant in Anstruther for sale 

31/01/2024
The 16th Century interior of The Cellar

SHEPHERD Chartered Surveyors marketing a Michelin star restaurant in the historic harbour town of Anstruther for sale.

Lying nine miles Southeast of St Andrews, Anstruther is the largest village on this stretch of the north shore coastline of the Firth of Forth within the East Neuk of Fife region. Neighbouring villages include Pittenwem, Cellardyke and Crail.

The Cellar, a small family-owned restaurant located to the rear of the Scottish Fisheries Museums boat yard, is situated upon East Green a mixed residential and commercial location a short distance from the town centre.

Built in the 16th Century, The Cellar was previously used as a net store, smoke house and served as a cooperage making and housing barrels for the East Neuk’s herring fleet. They are contained within two adjoining terraced buildings which are Category ‘C’ Listed.

Subscribe to our daily newsletter

Why? Free to subscribe, no paywall, daily business news digest.

The restaurant comprises the lower ground floor of a three storey and attic property which links into a single storey section to the rear. The accommodation is beautifully presented, creating a warm and welcoming environment with log burning fires.

Shepherd partner Jonathan Reid said: “After spending most of his career working in some of the country’s best restaurants, local chef Billy Boyter returned home to Anstruther in 2014 to reopen The Cellar with his family. The restaurant was awarded a Michelin Star in 2015 and has retained it each year since.

“The ever-evolving multi course tasting menu is inspired by seasonal Scottish produce and foraged ingredients gathered from the local coastline and countryside by Billy and his team.

“The restaurant works passionately with local farmers, suppliers and producers to bring its guests the best possible produce throughout the seasons, enabling them to create a purposefully designed and thoughtful dining experience.

“While Billy chose to cater for 16 guests to give the level of service he wanted, the restaurant could comfortably seat over 30 diners. Billy also only opened four days a week, so there is scope for a new operator to increase revenue.”

The Cellar chef proprietor Billy Boyter added: “After running the restaurant for the past decade, myself and my parents, who are joint owners, feel like it’s the right time to sell the business. This will give me the opportunity to pursue other career goals.”

The Cellar has posted strong turnover and profit levels. Offers over £500,000 are invited. Interested parties should contact the sole selling agent on 01382 878005.

The latest stories

Eden Mill release rare Pedro Ximénez single cask bottling

Independent Scottish distiller Eden Mill has released an ex-Pedro Ximénez single cask bottling, representing the first in a series of

Glasgow’s oldest artisan bakery to open new shop in Glasgow’s West End after 20 years

Food lovers in the city have reason to celebrate: Bavarian Bakehouse, Glasgow’s oldest artisan bakery, is opening a new shop

Foresight announces investment into Quality Food Products

Foresight Group (“Foresight”), a leading regional private equity and infrastructure investment manager, has announced its investment into Quality Food Products

Edinburgh’s Herringbone Goldenacre debut winter menu by celebrated Chef James Moyle

One of Edinburgh’s best loved restaurants has revealed an exciting new menu for the winter season curated by celebrated chef

Subscribe to our daily newsletter

Why? Free to subscribe, no paywall, daily business news digest.