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Description

  • Status: Available
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Tenanted

RARE INVESTMENT OPPORTUNITY Restaurant/Bar and Hotel Located in a scenic coastal area along the Firth of Clyde. Opportunity to purchase going concern business with sales in the region of £590,000 p.a.

Part ground & upper floors of a traditional 3storey & attic stone building under a part mansard/part pitched roof clad in slate. In addition, the premises benefit from various extensions to the rear.

Self-contained bar/restaurant arranged over the GF (Ghillie’s Bistro). The hotel reception, function suite, lounge, bar and 20 good sized en-suite letting bedrooms are arranged over the upper floors.

EXCELLENT INVESTMENT OPPORTUNITY This is a first class opportunity for a purchaser to secure a going concern business, with clear potential to develop an excellent level of profitability.

Benefits from an excellent trading position within the heart of Rothesay centre. There are many income generators to the business including tourist trade, local residents & various business contracts

This is a first class opportunity for a purchaser to secure a going concern business, with clear potential to develop an excellent level of profitability. In addition, the premises were fully converted/refurbished around 2004 and provide quality accommodation, with only limited capital expenditure required from an incoming purchaser. The business continues to trade and has has a good level of sales in the region of £590,000 per year. Ghillie’s Bistro Contemporary self-contained bar/restaurant. There is seating for approximately 30 persons and a semi-circular bar servery. Service areas to the rear of Ghillie’s Bistro include stores and ladies, gents and accessible toilets. Hotel Access There is a separate access to the hotel, adjacent to Ghillie’s. This leads to a staircase and, thereafter, the main hotel accommodation over the upper floors. FIRST FLOOR Hotel Reception With service desk and partitioned office to the rear. Function Suite Attractive function suite with full height bay window to the front. There is a main seating area with a separate bar which can be interconnected for larger functions. The bar has a fitted bar servery. There is a capacity for approximately 200 persons. Bar The bar is partly open to the reception and lounge/restaurant. There is seating for approximately 20 persons and a fitted bar servery. Restaurant/Lounge Attractive restaurant/lounge arranged over split levels, benefiting from a full height bay window with attractive views over the Clyde estuary. Seating is provided for approximately 30 persons. Hotel Service Areas Ladies & gents customer toilets, ladies & gents customer toilets (serving function suite), fully fitted commercial kitchen, laundry room and various stores/offices. Letting Accommodation A total of 20 letting bedrooms are arranged over the second and third floors. There are 10 letting bedrooms front facing, with attractive views over the Clyde estuary. 10 further rooms face the rear.

Victoria Street in Rothesay is a central seafront street located in the main town of the Isle of Bute, a scenic coastal area along the Firth of Clyde. The location is attractive due to its seaside setting, with many properties enjoying open views across the water and easy access to the promenade and town centre. The street sits within walking distance of key landmarks like Rothesay Castle and the ferry terminal, making it highly convenient for both residents and visitors. Rothesay itself is a traditional Scottish seaside town with a mix of historic buildings, tourism activity, and ongoing regeneration, giving it a quiet but characterful atmosphere. Victoria Street and the surrounding town centre offer a good range of everyday facilities including local shops, cafés, restaurants, bars, pharmacies, and hair salons, as well as essential services such as a hospital and health centre. The area also has tourist-oriented facilities like a visitor information centre and leisure attractions, reflecting its long history as a holiday destination. While it is not a large urban centre, it provides most day-to-day needs within walking distance, contributing to a convenient and community-focused lifestyle.

Full Address: 55 Victoria Street, The Victoria Hotel , Rothesay, PA20 0AP

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Map & Location

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Tenancy Details

Type of Agreement:
Length:
Rent: £0 per year / £0 per month
Yield: % (approx)
Tenant: Private Individual
Notes:

Document Downloads

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Pricing Information & Bidding

Opening Bid: £247,000

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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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