The couple have owned and operated the modern Scottish restaurant since 2006, and it was awarded a Michelin star in 2010.
The venue, which was built in the 18th century, comprises three dining rooms that serve around 50 covers in total as well as eight luxury letting suites.
The Peat Inn is one of Scotland’s most beloved destination restaurants and the surrounding hamlet of Peat Inn actually takes its name from the restaurant.
It is being marketed by specialist business property adviser Christie & Co.
“We are delighted to be appointed to work with Geoffrey and Katherine Smeddle on this prestigious assignment,” says Simon Watson, business agent at Christie & Co.
“The Peat Inn is one of the most established and celebrated venues in Scotland and can continue to be so in new hands. It has been a ‘go to’ restaurant for many from the area and internationally, be it for celebrations or business, and a buyer may well be a previous customer who will now be able to have the prestige of owning this iconic venue.”