A HOTEL in St Andrews which overlooks the Old Course has changed hands for the first time in 34 years.
The Scores Hotel, located next to the first tee on the famous links, has 36 rooms spanning 3,000 square feet, and includes a bar, restaurant and events venue.
Property agent Savills acquired the hotel on behalf of Wirefox, a real estate and investment company, which plans to undertake an extensive refurbishment and reposition the property.
The deal comes ahead of St Andrews hosting the 150th Open golf championship in 2022.
Steven Fyfe, associate director in the hotel capital markets team at Savills Glasgow, said: “This was an extremely rare opportunity to acquire a special hotel next to the first tee of the Old Course itself.
“With plenty of opportunity to add value, the new owners plan to invest further capital to extend and enhance the property creating more jobs for the local economy.”
Charles Human of HVS Hodges Ward Elliot, which acted for the vendor, said: “We were excited to have had role in the sale of the hotel by the family owners, and it was gratifying to have completed the disposal following substantial international interest generated in a process that required careful navigation throughout the pandemic.”
The Scores Hotel, which trades under the Best Western banner, was previously in the hands of an unnamed family owner.
Documents at Companies House suggest its shareholders were David Mann, Kimberley Lozito and Pauline Mann of the US.
Why are you making commenting on The Herald only available to subscribers?
It should have been a safe space for informed debate, somewhere for readers to discuss issues around the biggest stories of the day, but all too often the below the line comments on most websites have become bogged down by off-topic discussions and abuse.
heraldscotland.com is tackling this problem by allowing only subscribers to comment.
We are doing this to improve the experience for our loyal readers and we believe it will reduce the ability of trolls and troublemakers, who occasionally find their way onto our site, to abuse our journalists and readers. We also hope it will help the comments section fulfil its promise as a part of Scotland's conversation with itself.
We are lucky at The Herald. We are read by an informed, educated readership who can add their knowledge and insights to our stories.
That is invaluable.
We are making the subscriber-only change to support our valued readers, who tell us they don't want the site cluttered up with irrelevant comments, untruths and abuse.
In the past, the journalist’s job was to collect and distribute information to the audience. Technology means that readers can shape a discussion. We look forward to hearing from you on heraldscotland.com
Comments & Moderation
Readers’ comments: You are personally liable for the content of any comments you upload to this website, so please act responsibly. We do not pre-moderate or monitor readers’ comments appearing on our websites, but we do post-moderate in response to complaints we receive or otherwise when a potential problem comes to our attention. You can make a complaint by using the ‘report this post’ link . We may then apply our discretion under the user terms to amend or delete comments.
Post moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours.
Read the rules hereLast Updated:
Report this comment Cancel