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Auction House UK · 26 Nov 2026 · in 38 days

Former restaurant in Rothesay town centre

Harry Haws, 23 - 25 High Street, Rothesay, Isle Of Bute, Argyll And Bute PA20 9AS · Scotland

LiveLeisureFreeholdGuide cut

Former restaurant in Rothesay town centre
Guide
£80,000was £90,000
Rent a year
≈£7,900est.
Yield on the guide
≈9.9%est.
Payback
≈10 yrs
Net yield, after buying costs
🔒 With access
Likely to sell for
🔒 With access
Energy rating
Not published

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.

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What it's likely to sell for

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

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Energy rating

Auction House UK 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

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History

  • First listed on Cornerlot 11 Oct 2026.
  • Guide cut from £90,000 to £80,000 (11% lower), 13 Oct 2026.

Auction House UK's record

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About the lot

Freehold leisure lot in Isle Of Bute.

Lot -, Commercial Property. Former restaurant in Rothesay town centre: We are delighted to present to auction this fully fitted, but currently non-trading, restaurant premises enjoying 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 include 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. The competitive guide price is sure to attract strong levels of interest, and early viewing is recommended. Tenure: Freehold. Area: 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.

Figures come from Auction House UK'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.