23 Marine Place, Rothesay, Isle of Bute, PA20 0LF

What it costs to own

The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.

What it's likely to sell for

From what comparable lots actually sold for against their guide, in Cornerlot's results.

Energy rating

Future Property Auctions hasn't published a rating for this lot. Ask for the certificate or check the legal pack: in England and Wales, a commercial property rated F or G can't be let without a registered exemption.

How it compares

History

• First listed on Cornerlot 11 Oct 2026.

Future Property Auctions' record

About the lot

Freehold hotel lot in Isle of Bute. Offered vacant, so there's no income from day one.

Commercial Investment. ***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,…