Michelin Star restaurant in picturesque Scottish fishing village on sale for £500,000

A Michelin Star restaurant in a picturesque Fife fishing village is set to be sold.

Published 30th Jan 2024
Updated 21 st Apr 2024

Michelin-Starred The Cellar is a cosy eatery in the Fife town of Anstruther that has flourished under the head chef, Billy Boyter, but now Boyter has decided to sell the long-standing eatery.

In a post on The Cellar's social media, Boyter wrote: "After a lot of thought and consideration, my family and I have decided it's the right time to sell The Cellar. It's been an amazing 10 years and I'm so proud of what we've created in our time."

The restaurant, which is located on the site of a former smokehouse and cooperage for over 30 years, was formerly run by legendary Scottish chef Peter Jukes.

Following the death of Mr Jukes in 2013, Billy, who was head chef at Michelin starred Number One in Edinburgh, saw the opportunity to carry on The Cellar’s outstanding culinary heritage.

He re-opened it in 2014, retaining the name and achieved a Michelin star the following year.

the cellar Michelin for sale
Picture: The Cellar

Since then Billy has made The Cellar his own and retained the accolade from Michelin through his “delicious, deftly prepared dishes”.

The menu offered seasonal Scottish produce and locally foraged ingredients from the nearby coastline and countryside that are thoughtfully brought together on the plate with a modern touch.

The restaurant is on the market for offers over £500,000

Shepherd Chartered Surveyors are marketing the business, and partner Jonathan Reid said: “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.

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“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, East Green, Anstruther, UK
The Cellar, East Green, Anstruther, UK, KY10 3AA
Known for cake making, experimental jam recipes, Champagne, whisky and gin drinking (and the inability to cook Gnocchi), Rosalind is the Food and Drink Editor and whisky writer for The Scotsman, as well as hosting Scran, The Scotsman's food and drink podcast.
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