Timed Online Auction

07 October 2021, 10am-3pm

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  • TypeCommercial
  • Ownership Freehold
  • Occupation Vacant
  • Rateable Value Search SAA

Description

Full Address: 54 Marine Parade, The Crown Hotel and Bar, Port Bannatyne, PA20 0LQ

Substantial former hotel premises in the quiet seaside resort of Port Bannatyne on the Isle of Bute. Formed on a corner plot with uninterrupted views of the Clyde estuary. Requires Upgrading.

Perfect for Builder or Developer. Front facing aspects from all rooms. COMPRISES: Ground floor entrance into foyer with bar area, dining room, restaurant, kitchen, cellar and toilet facilities.

FIRST FLOOR: Hallway, five rooms (all with water connections), feature room with triple bay window overlooking the harbour, toilet facilities and access off hallway into communal close.

Property will require refurbishment as internally dated. First time presented to market in over 40 years. Freehold sale instruction. Ideally positioned on main shorefront. Perfect for re-development.

Port Bannatyne has a marina, residential houses and a small store, all of which are extremely near the property. The island is served by two ferry services (the main one is Rothesay to Wemyss Bay).

The village of Port Bannatyne is only 3 miles from Rothesayís town centre with the islandís main shops including a supermarket and mainland ferry services. Natural beauty is immense with views over Kames Bay. Stunning location just on Marine Parade and waterfront. Affordable price. Picturesque Isle of Bute with a potential Holiday Rental market. --- Unique Lot --- Former Crown Hotel --- Ground floor main entrance into foyer with bar area, dining room, restaurant, kitchen, cellar and toilet facilities. FIRST FLOOR: Hallway, five individual rooms (all with water connections), feature room at the corner with triple bay window overlooking the harbour, toilet facilities and access off hallway into communal close. Property will require refurbishment as internally dated. First time presented to market in over 40 years. Original bar area, dining room and restaurant on ground floor. Freehold sale instruction. Ideally positioned on main shorefront. Perfect for re-development. Suitable mainly for builder or developer. Full outright ownership. Building has two residential properties in it. Access individually by communal close. This property has access to the close and is therefore perfect for residential conversion (subject to relevant planning and building consents). Excellent Development Property in a Popular Location for Residential Accommodation and for Holiday Lets ADDITIONAL PHOTOS AVALABLE ON REQUEST.

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, restaurants and the main ferry terminal (Caledonian MacBrayne) providing daily links to Wemyss Bay. Fantastic Views Over the Waters of Kames Bay from the Upper Flats. Port Bannatyne has a popular marina and a regular bus service to Rothesay. Rothesay is the principal town on the Isle of Bute, set on the Firth of Clyde. The island is served by two ferry services the main one is Rothesay to Wemyss Bay (approx. 35 minutes), thereafter by road, Glasgow Airport is approx. 45 minutes and Edinburgh approx. 2 hours. Popular holiday and letting area. Recreational activities include 3 golf courses, horse riding, fishing, walking including the West Island Way. Festivals throughout the year include jazz, The Cattle Show and The Highland Games, popular events.

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Location

Pricing Information & Bidding

Opening Bid: £128,000

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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 2.5% of Sale Price (Minimum £2,500 + vat)

* STANDARD TERMS are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

Auction Details

Date & Time: 07 October 2021, 10am-3pm
Type: Timed Online Auction

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