Description
- Status: Available
- Type: Commercial
- Ownership: Freehold
- Occupation: Vacant
Hotel, Bar & Restaurant comprising 18 BEDROOM HOTEL and Bar Restaurant. Directly opposite Rothesay Ferry Terminal, within the town centre. *** Historically sold for £385,000.
Busy trading location with RENT POTENTIAL £35-40,000 per annum. VAT free. No vat payable on purchase price. Property not vat elected. ***VAT FREE***
Substantial property suitable for a variety of uses, all subject to consents. 18 BEDROOM HOTEL****
Ancillary accommodation, including a breakfast room, fully fitted kitchen, stores and customers toilets.
Bar/restaurant arranged over the first floor
Rothesay is the principal town on the Isle of Bute, set on the Firth of Clyde.
The island is served by two frequent ferry services, the main one is Rothesay to Wemyss Bay (approx. 35 minutes), thereafter by road, Glasgow Airport is approx. 45 minutes, Glasgow approx. 1 hour and Edinburgh approx. 2 hours. The other ferry is located at the north end of the island operating from Rhubodach to Colintraive (approx. 2 minutes) The island is within easy commuting distance to Glasgow with train services available at Wemyss Bay.
The accessible Isle of Bute in the Firth of Clyde has two car ferry services: Rothesay to Wemyss Bay (with train to Glasgow) and Rhubodach to Colintraive. Joint Campus for pre-school to college (part of University of Highlands and Islands), local hospital, cinema,
marina and pontoons, three golf courses, leisure pool, West Island Way for walkers, horse riding and fishing. Businesses, bars, art galleries, shops, cafés and restaurants
Full Address: 4 High St, 18 Room Esplanade Hotel, Bar and Restaurant, Rothesay, Isle of Bute, PA20 9AR
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Legal Docs (Pending)
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SPECIAL Terms of Sale
- 10% Deposit (Minimum £3,000)
- Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)
- 4 Weeks Completion or Longer By Agreement
- Contribution to Sellers Costs £2,750 for on time settlement
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* If no Special Conditions of Sale are present in the legal docs download bidders are advised to
request a copy by email prior to bidding.
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Auction Details
Date & Time: 30 April 2026, 10am-3pm
Type: Timed Online Auction
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