18 Castle Street, Rothesay, Isle of Bute, PA20 9HA

  • Unconditional Online Auction Sale
  • Guide Price* : £9,000

FOR SALE BY ONLINE AUCTION THURSDAY 25TH JULY 2024 AT 9.00AM. Fantastic opportunity to purchase a Ground floor commercial unit, with consent to convert it into a residential studio apartment. A low-cost unit offering great potential to turn it into a buy-to-let or holiday let, on the beautiful Isle of Bute.

Description

**** AVAILABLE FOR IMMEDIATE PURCHASE, PRE AUCTION OFFERS ARE WELCOME ON THIS PROPERTY. CONTACT OUR OFFICE TO DISCUSS****

FOR SALE BY ONLINE AUCTION THURSDAY 25TH JULY 2024 AT 9.00AM.

Online Property Auctions Scotland present this fantastic opportunity:
Fantastic opportunity to purchase a Ground floor commercial unit, with consent to convert it into a residential studio apartment. A low-cost unit offering great potential to turn it into a buy-to-let or holiday let, on the beautiful Isle of Bute.
Internal dimensions; 7m x 4.7m

* Planning decision reference: 09/01203/PP
* Main building work completed.
* Project requires final finish
* Potential hoiday flat / BtL or resale
* Low guide price
* Must sell in auction

Nearby sales include:
8 Castle Street - £67,000 - 2023
36 Castle Street - £80,000 - 2023
24 Castle Street - £38,000 - 2023

Situated on the Isle of Bute, in the Firth of Clyde off the West Coast of Scotland. Bute is an area of outstanding natural beauty and is the most accessible of all the Scottish Islands. There are two regular ferry services to the island from Wemyss Bay, near to Glasgow and from Colintraive on the Argyll peninsula. Bute can be an activity based experience if you desire. Diving, walking, swimming, cycling, fishing, shooting, sailing and golf are amongst the activities on offer. It has also seen an explosion of quirky eateries, including an American diner with live entertainment, an authentic Italian, a French Moroccan bistro as well as traditional Inns offering Scottish fare.

The island has also seen a wealth of new niche businesses in recent years. Bute hosts many festivals through out the year such as the highland games, jazz festival, Bute Noir book festival, LGBT pride march, classic car rallies and Bute Song to name a few. Bute has seen a surge in recent years of folks looking for a lifestyle change by relocating to the Island and travelling to the mainland for work. Excellent broadband access also means working from home on the Island is possible.

To view legal documents relating to this property please visit our website.

Purchases are subject to a Buyer’s Premium. There may also be additional fees on certain properties. Please refer to the Articles of Roup/ Special Conditions in the Legal pack to confirm.

All prices quoted are exclusive of VAT.

Please note that as per the Estate Agents Act 1979 the vendor of the property is a connected party.

Key Feature 1

Fantastic development opportunity

Key Feature 2

Low guide price

Key Feature 3

Multiple potential uses

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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