Home to the prestigious University of St Andrews and the Royal & Ancient Golf Club, the town is a key venue in golf history, hosting The Open Championship every five years. The premises occupy a prime spot on the south side of Market Street, St Andrews' main retail thoroughfare. Nearby occupiers include Holland & Barrett, Boots, Pret a Manger, Waterstones, and Phase Eight. The premises occupy the ground and basement floors of a traditional four-story terraced building held under a pitched and slated roof.