The Blackness Inn had originally been scheduled for auction, then appeared to have been withdrawn - but is now said to have been sold.
It is in a prime position to take advantage of booming seasonal visitor trade related to Blackness Castle, and - according to comments on social media - could also expect to enjoy strong local custom under new owners.
Commenting on Facebook, a spokesperson for the Bo’ness and Area Community Bus Association said its acquisition by local people would “come as a relief to many residents”.
Local councillor David Aitchison is said to have welcomed the move as “in the best interests of the community of Blackness” - predicting it could offer an outstanding facility for locals and tourists.
Besides the attraction of the castle the Inn could also prove popular with visitors walking the John Muir Way.