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Property

Auction
Property
Added > 14 days

Features and description

  • Status: Available
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Vacant
  • AUCTION DATE: 29 February 2024
ENHANCED TERMS OFFERED ON THIS LOT...
Reduced Buyers Fee: 3% of Sale Price (Min £3250 +vat)

*MASSIVE POTENTIAL YIELD IN SUPER WATRFRONT SPOT* 1,300 Sq.Ft Restaurant Premises occupying frontline position within the popular seaside town of Rothesay on the Isle of Bute. Sold with Vacant Possession. Previously LET at £14,000 per annum. FREEHOLD PRIME POSITION. Self contained premises with double frontage onto main promenade. Ground floor retail unit is situated on Victoria Street, just a couple of minutes’ walk from the ferry terminal. PRIME Investment opportunity for owner looking for attractive commercial unit with potential for change of use (subject to consents). Within walking distance of the ferry terminal and seafront. * RENTAL POTENTIAL OF £14,000 PER ANNUM * Tourism is the main industry in Argyll and Bute with over 1.5 million visitors recorded in 2018 with numbers expected to be rise in coming years. 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 and Glasgow.

Auction Details
29 February 2024, 3pm
Deadline for Offers

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Future Property Auctions - Glasgow
Future Property Auctions - Glasgow
241 Kilmarnock Road Shawlans, Glasgow G41 3JF
0141 433 6645
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We are Scotland's LARGEST dedicated residential and commercial Property Auctioneer. Our regular programme of large scale property auctions feature lots from throughout Scotland and the wider UK as well as regular properties available for purchase by Private Treaty and Tender. Our Auction calendar features both traditional and online property auctions covering the whole of the country. Each Auction offers a mix of Commercial and Residential property as well as land and other development opportunities. Properties are accepted from both Private and Corporate Vendors alike and we welcome enquires from all potential clients. Future Auctions LTD is a Limited Company registered in Scotland with Registration Number 358597. We are a fully indemnified professional limited company regulated by the Property Ombudsman. Our auctioneers are all members of the National Association of Auctioneers and Valuers thus ensuring our strict code of conduct and professionalism.
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