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Description

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

***Freehold property in stunning location with unrestricted views over the Firth of Clyde. Rare opportunity to develop and create a stunning bespoke family home***

***Substantial detached property set in sought after position. Offering huge flexibility. Can be run as hotel / bar / restaurant. Substantial family home / holiday lets or conversion to apartments***

***Potential high income lifestyle business with up to 10 letting rooms and 2 apartments as well as 3 bed owner's apartment. Potential to develop the food and wet sales in the bar and restaurant***

***Located just outside Rothesay in Port Bannatyne on the popular tourist island of Bute. 5 minutes drive from the ferry terminal and close to all shops and amenities***

***Local sales evidence: 19 Marine Place, April 2022, £390,000 25 Marine Place, Dec 2021, £307,333. Incredible opportunity to create the stand out family home in this waterfront address***

***Freehold property in stunning location with unrestricted views over the Firth of Clyde. Rare opportunity to develop and create a stunning bespoke family home through conversion to residential (subject to planning permission*** ***Substantial detached property set in sought after position. Offering huge flexibility. Can be run as hotel / bar / restaurant. Substantial family home / holiday lets or conversion to apartments. There are currently 5 lettable rooms finished to the highest standards. Rooms rates vary from £100-£120 per night. The top floor is in shell condition and offers excellent development opportunities. There is space to create up to a further 5 lettable rooms. ***Potential high income lifestyle business with up to 10 letting rooms and 2 self contained apartments as well as owner's apartment comprising, lounge, kitchen, bathroom and 3 bedrooms. Potential to develop the business further through increasing food and wet sales in the bar and restaurant areas*** Alcohol licence currently in place*** ***Local sales evidence: 19 Marine Place, April 2022, £390,000 25 Marine Place, Dec 2021, £307,333. Incredible opportunity to create the number one, stand out family home in this waterfront address*** ***Located just outside Rothesay in Port Bannatyne on the popular tourist island of Bute. 5 minutes drive from the ferry terminal and close to all shops and amenities*** The property comprises. GROUND FLOOR: Diner / restaurant with circa 30 covers Massive commercial kitchen area and storage. Bar and lounge with male and female toilets. Owners accommodation comprising, Lounge Kitchen Bathroom 3 bedrooms FIRST FLOOR: Apartment 1 comprising, Living room Sunroom Kitchen Bathroom Bedroom Apartment 2 comprising Living room 2 bedrooms Bathroom 5x ensuite letting rooms. TOP FLOOR: Potential development space for a further 5 letting rooms.

The village of Port Bannatyne is around 3 miles drive the Isle of Bute's town centre - Rothesay. Here you will find a host of amenities including banks, shops, restaurants and the main ferry terminal (Caledonian MacBrayne) providing daily links to Wemyss Bay. Port Bannatyne has a popular marina and a regular bus service to Rothesay. Rothesay is the principal town on the Isle of Bute, set on the Firth of Clyde. The island is served by two ferry services the main one is Rothesay to Wemyss Bay (approx. 35 minutes), thereafter by road, Glasgow Airport is approx. 45 minutes and Edinburgh approx. 2 hours. Popular holiday and letting area. Recreational activities include 3 golf courses, horse riding, fishing, walking including the West Island Way. Festivals throughout the year include jazz, The Cattle Show and The Highland Games, popular events.

Full Address: 23 Marine Place, Rothesay, Isle of Bute, PA20 0LF

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Map & Location

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Pricing Information & Bidding

Opening Bid: £293,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

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Terms of Sale

  • 10% Deposit (Minimum £3,000)
  • Standard Completion (Unless specified differently in any Special Conditions of Sale)
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request an earlier or later completion date which will be detailed in any Special Conditions of Sale for this lot. Buyers must satisfy themselves prior to bidding as to the terms on offer.

* 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: 02 July 2026, 10am-3pm
Type: Timed Online Auction

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