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Marine Place, Rothesay, Isle of Bute PA20

Scotland

£255,000Guide Price

Listed on 27/07/2026

The listing

Property details

Bedrooms
6
Type
Property With Land

Features

  • Parking

Description

This freehold property is situated in a prime location with breathtaking views over the Firth of Clyde, presenting a rare chance to transform it into a bespoke family residence, subject to the necessary planning permissions. The substantial detached building offers remarkable versatility; it could serve not only as a family home but also as a hotel, bar, or restaurant. Currently, it features five lettable rooms of high quality, generating room rates between £100 and £120 per night. The top floor remains in shell condition and presents an opportunity to expand by creating up to five additional lettable rooms. Investors may find potential for a lucrative business model with up to ten letting rooms and two self-contained apartments alongside spacious owner's accommodation that includes a lounge, kitchen, bathroom, and three bedrooms. The premises already holds an alcohol license and boasts substantial commercial facilities including a diner and restaurant area capable of seating around 30 guests, a large commercial kitchen, storage space, and bar facilities. Located just outside Rothesay in Port Bannatyne on the scenic island of Bute - only five minutes from the ferry terminal - this property is conveniently close to shops and amenities. With its significant renovation potential aimed at creating the premier waterfront family home or business venture in this desirable area, the possibilities are vast.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

44out of 100
Grade ELow opportunity

Confidence: LOW

At a guide price of £255,000, this is an unusual waterfront project with several possible directions: retain its guesthouse, bar and restaurant use, or explore a residential conversion, subject to planning and technical feasibility. The fitted commercial areas and guest rooms shown appear maintained, while the bold themed finishes offer scope to reshape the character. The listing also describes the top floor as shell condition, creating potential for further accommodation, subject to the necessary checks.

The floor area is missing, so value versus local £/sqf cannot yet be judged. This is an auction guide price, not a guaranteed purchase price; bidding can take the hammer above the guide, so the eventual price may not stay at this level.

Key opportunities

  • Choose between refining the existing guesthouse, bar and restaurant operation or investigating a residential conversion, subject to planning and feasibility.
  • Rework the strongly themed décor to create a more cohesive identity for the intended use.
  • Explore the shell-condition top floor as additional accommodation, with scope and consents to be verified.

Key risks

  • A medium-scale programme to adapt the themed interiors and develop the shell-condition top floor will need careful scoping, sequencing and budget control.
  • Planning and technical feasibility for residential conversion or additional accommodation are unverified.

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Map

Location

Marine Place, Rothesay, Isle of Bute PA20
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Transport

Nearest stations

  • Wemyss Bay Rail Station

    6.9 miles

    Train · Wemyss Bay

  • Inverkip Rail Station

    8.1 miles

    Train · Inverkip

  • Largs Rail Station

    8.8 miles

    Train · Largs

  • IBM (Greenock) Rail Station

    10.4 miles

    Train · Greenock

Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.

Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 5.13%

Current average variable rate is 6.58%

Monthly Repayments
£1,042
Based on a loan of £191,250 over 30 years at 5.13% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Tax

Stamp duty calculator

Indicative tax based on the asking price and the options you select.

This calculation uses non-residential (land/commercial) tax rates.

Pricing

Price history

+1.6% since listed
£255,000+£4,000(+1.6%)
28/07/2026
Current price
£251,000Initial listing
24/07/2026

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