Shepherd · 22 Oct 2026 · in 3 days
Rare retail opportunity, Isle Of Bute
3 Montague Street, Rothesay, Isle Of Bute, Argyll And Bute · Scotland
LiveRetail
- Guide
- £15,000
- Rent a year
- ≈£1,700est.
- Yield on the guide
- ≈11.6%est.
- Payback
- ≈8.6 yrs
- Net yield, after buying costs
- 🔒 With access
- Likely to sell for
- 🔒 With access
- Energy rating
- Not published
- Size
- 221 sq ft
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.
The cost breakdown and net yield: included with access, £49 a month. Start with a free account.
Create an accountWhat it's likely to sell for
From what comparable lots actually sold for against their guide, in Cornerlot's results.
The likely sale range: included with access, £49 a month. Start with a free account.
Create an accountEnergy rating
Shepherd 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
Market comparisons: included with access, £49 a month. Start with a free account.
Create an accountHistory
- First listed on Cornerlot 11 Oct 2026.
Shepherd's record
Shepherd's results: included with access, £49 a month. Start with a free account.
Create an accountAbout the lot
Retail lot in Isle Of Bute.
Type: Retail. Rare retail opportunity. Adjacent to Rothesay ferry terminal. Plentiful public parking. Potential for 100% rates relief. NIA 20.58 sq. m. (221 sq. ft.). Guide Price £15,000. ***OPEN VIEWING FRIDAY 16TH OCTOBER 12:30 UNTIL 2PM***. **FOR SALE BY LIVE STREAMED ONLINE AUCTION 22ND OCTOBER 2026** ***OPEN VIEWING FRIDAY 16TH OCTOBER 12:30 UNTIL 2PM*** The subjects comprise a ground floor, mid-terrace retail unit within a four-storey traditional tenement style property of stone construction surmounted by a pitched and hipped roof, clad in slate and serviced by rainwater goods of cast iron. Entrance to the shop is via a recessed pedestrian doorway within a full width shop front of timber single glazed style. Internally flooring is of concrete overlaid in carpet with internal walls of plasterboard style in a papered finish. We assume mains services are of water, drainage and single phase electricity. Guide Price £15,000. Rothesay is the principal settlement on the Isle of Bute and a popular tourist destination located off the West Coast of Scotland on the Firth of Clyde. Rothesay has a population of around 4,500, with Argyll and Bute population in excess of 90,000 persons. Adequate shopping and transport facilities can be found within Rothesay town centre. Rothesay is accessed primarily by ferry operated by Calmac from Wemyss Bay with regular 35 minute crossings. A train terminal at Wemyss Bay provides regular services to Greenock and Glasgow, the A78 runs through the town and provides access to Inverclyde to the north and Ayrshire to the south. Surrounding occupiers are a mixture of residential and commercial with commercial occupants including the newly opened Bute Waves, The Diner, Co-op and Isle of Bute Jewellery.
Figures come from Shepherd's published lot details and Cornerlot's own record of UK auction results. They're calculations, not advice or a valuation: read the legal pack and take professional advice before you bid.