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5 West Princes Street, Rothesay, Isle Of Bute, PA20 9AF

Commercial

mixed use

Vacant

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Attractive Commercial Opportunity

Description

  • PRIME NEW LISTING. We are excited to present this vacant commercial unit set within a prime location in Rothesay, Isle of Bute.
  • This is sure to appeal to shrewd investors seeking a unique development opportunity, with plumbing and an electricity connection already in place.
  • The property benefits from a rateable value of £1,450, which may qualify for 100% Small Business Bonus Scheme relief, subject to eligibility.
  • Positioned in a prime part of Rothesay, the unit could suit a variety of uses such as storage, with planning enquiries directed to Argyll and Bute Council.

PRIME NEW LISTING. We are excited to present this vacant commercial unit located within a prime location in Rothesay, Isle of Bute.

The property is a genuine blank canvas and is now in need of renovation, offering an excellent opportunity for a buyer to reconfigure and upgrade to suit their intended commercial use.

Based on current market conditions, the property is anticipated to achieve n/a per month, which is n/a per annum, subject to tenancy and due diligence. With the unit being vacant, it is well-suited to both investors looking to secure a new tenant and owner-occupiers seeking affordable premises in a central position.

The property is held on a freehold basis, giving the buyer outright ownership and long-term control over the asset.

Sure to appeal to shrewd investors looking for a unique development opportunity, the property benefits from plumbing and an electricity connection, helping to support refurbishment plans.

The property has a rateable value of £1,450, benefiting from 100% small business rates relief, subject to eligibility.

The property is situated in a prime location in Rothesay and would suit a variety of uses such as storage. Planning enquiries are to be directed to Argyll and Bute Council.

The property is being offered at a fantastic discount to ensure a sale and should appeal to anyone looking for a straightforward purchase with excellent upside potential.

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our Offer Now button on our website.

This property is offered at a fantastic price to ensure an auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.

For further details on how to have a bidding account created, please contact the team.

Location

Rothesay is the principal town on the Isle of Bute and serves as the island’s key commercial centre, supporting a steady mix of local trade and seasonal visitor footfall. The town centre provides a range of independent retailers, services and hospitality businesses, helping underpin demand for practical commercial space. The property benefits from convenient access to surrounding amenities and passing trade routes through central Rothesay. Bute is accessible via regular ferry services to the mainland, connecting into the wider road network for deliveries and commuting, while onward links support trade with the Central Belt. This blend of local occupancy and tourism-driven demand supports a variety of commercial uses.

Map

Deposit & Fee Calculator

10%, minimum deposit £5,000

3% subject to a minimum of £5,000 plus VAT

Total payable today if offer accepted (deposit + fee)

£11,000

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.