Back to Auction House

Investment property in Rothesay town centre

Rothesay, PA20 - Get Access

Description

Rothesay is the principal town on the Isle of Bute and a popular tourist destination attracting visitors throughout the year. The property enjoys an enviable central location close to shops, cafés, the ferry terminal and numerous local attractions, providing excellent footfall and strong trading potential. Presented to auction is a fully fitted, but currently non-trading, restaurant premises enjoying a prime location in Rothesay town centre, overlooking the historic Rothesay Castle and just a short walk from the ferry terminal. Until recently, Harry Haws was trading as a successful and popular restaurant and takeaway, and includes an extensive commercial catering kitchen complete with a wide range of stainless-steel catering equipment, allowing an incoming purchaser to recommence trading with minimal capital expense. Extending to approximately 102 sq. metres, the accommodation currently provides a stylish bar and restaurant seating approximately 34 covers, with potential to increase, together with customer WCs, preparation and storage facilities, food store, laundry area and shared rear garden. All contents shown in the listing are included within the sale. The published Rateable Value of £6,400 may qualify for rates relief, and this versatile property offers obvious potential for restaurant, café, takeaway or hospitality operators seeking a ready-to-trade premises, while investors may also wish to investigate alternative commercial uses, subject to all necessary consents.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
Medium confidence Floor Area: 1,098 sq ft (Listing)

This commercial hospitality property on the Isle of Bute was valued by assessing general regional commercial retail and catering benchmarks per square foot. The 1,098 sq ft floor area includes a fully equipped kitchen and established dining space in good condition. A targeted adjustment was applied for visible exterior masonry weathering.

Unlock the full valuation
  • Exact estimated value and full value range
  • Detailed written analysis of how we reached this estimate
Unlock full report