Chartered surveyors and business valuation experts, Graham and Sibbald, have announced the sale of a well known Scottish Borders pub. Situated near Jedburgh, the Cross Keys is a characterful inn located in the charming village of Ancrum.
Equipped with a main bar, lounge and restaurant, letting bedrooms/owner’s accommodation, patio area and sizeable beer garden, the Ancrum Cross Keys has been sold to a local collective of private investors who will carry out upgrading of the property before reopening.
Speaking on behalf of Crosskeys Property Ltd, local resident Robert Smith said: ‘We are delighted to have funded the purchase of Ancrum’s much-loved pub. We now welcome expressions of interest from potential tenants looking to develop a thriving hospitality business at the heart of a supportive community.’
Alistair Letham, a hotel and leisure consultant with Graham and Sibbald, added: ‘The Ancrum Cross Keys offers a wonderful opportunity to develop a lovely traditional village pub with further potential to expand and grow the business.’
Ancrum Cross Keys, Ancrum, Jedburgh, TD8 6XH. The purchase price was not disclosed but Graham and Sibbald were inviting offers over £235,000 for the freehold interest.
Graham & Sibbald Confirm Sale of Popular Borders Pub
Chartered surveyors and business valuation experts, Graham and Sibbald, have announced the sale of a well known Scottish Borders pub. Situated near Jedburgh, the Cross Keys is a characterful inn located in the charming village of Ancrum.
Equipped with a main bar, lounge and restaurant, letting bedrooms/owner’s accommodation, patio area and sizeable beer garden, the Ancrum Cross Keys has been sold to a local collective of private investors who will carry out upgrading of the property before reopening.
Speaking on behalf of Crosskeys Property Ltd, local resident Robert Smith said: ‘We are delighted to have funded the purchase of Ancrum’s much-loved pub. We now welcome expressions of interest from potential tenants looking to develop a thriving hospitality business at the heart of a supportive community.’
Alistair Letham, a hotel and leisure consultant with Graham and Sibbald, added: ‘The Ancrum Cross Keys offers a wonderful opportunity to develop a lovely traditional village pub with further potential to expand and grow the business.’
Ancrum Cross Keys, Ancrum, Jedburgh, TD8 6XH. The purchase price was not disclosed but Graham and Sibbald were inviting offers over £235,000 for the freehold interest.