BIDDING OPENS in...

Description

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

EXCELLENT INVESTMENT OPPORTUNITY*** LARGE commercial premises occupying PROMINENT position overlooking Rothesay Harbour on the Isle of Bute.

SUPER TRADING POSITION across from Rothesay ferry terminal. Ground floor commercial premises previously known as "The Palace Bar".

Vacant Commercial premises. Realistic Rental Potential of up to £15,000 Per Annum - HIGH YIELD potential.

EXCELLENT TRADING LOCATION across from Rothesay ferry terminal. HIGH VOLUMES OF PASSING TRADE.

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).

EXCELLENT INVESTMENT OPPORTUNITY*** LARGE commercial premises occupying PROMINENT position overlooking Rothesay Harbour on the Isle of Bute. SUPER TRADING POSITION across from Rothesay ferry terminal. Ground floor commercial premises previously known as "The Palace Bar". Vacant Commercial premises. Realistic Rental Potential of up to £15,000 Per Annum - HIGH YIELD potential. EXCELLENT TRADING LOCATION across from Rothesay ferry terminal. HIGH VOLUMES OF PASSING TRADE. Rothesay is a popular Victorian resort and long-range commuting base for the mainland. The island has three golf courses, three lochs stocked with both brown and rainbow trout and is becoming an increasingly important fixture on the cultural scene with annual jazz, folk and country festivals, together with Highland Games and the Fair Fortnight. Rothesay affords a sheltered bay conveniently located within about 1 hour’s sailing from two of Scotland’s largest marinas at Inverkip and Largs. The Isle of Bute lies on the west side of the Firth of Clyde. It’s capital, Rothesay, is served by a regular ferry service from Wemyss Bay from where there are train services to Greenock Glasgow Central.

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.

Full Address: 15 East Princes Street, The Palace Bar, Rothesay, PA20 9DL

Show More

Map & Location

Map   Street View   Satellite

Document Downloads

  Legal Docs (Pending)

* 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.

 * Click the above 'Pending' document link to log your request and we will notify you once available.

Pricing Information & Bidding

Opening Bid: £60,000

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).

How to Bid... To take part in the online auction you must firstly create a bidding account. Once you have a bidding account you can then login and place bids during the auction. Please click on the following link to view the latest Online Auction Bidders Guide now.

View Live Online Auction

Offer Now... You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

Submit Offer Now

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.

Payment Calculator

Please use our PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.

Payment Calculator

Auction Details

Date & Time: 02 July 2026, 10am-3pm
Type: Timed Online Auction

View Full Auction Catalogue