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Agent's details

57-61 Montague Street

For sale: £129,000.00|1,422 Sq Ft|Other, Other Property Types & Opportunities

Property details

FOR SALE£129,000.00
SIZE1,422 Sq Ft
ADDRESS57-61 Montague Street, Rothesay, Isle Of Bute, PA20 0BU
TYPEOther, Other Property Types & Opportunities
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON15th May 2024

Description

The property comprises a ground floor commercial unit fully let to Ladbrokes on a lease expiring November 2029 at a current passing rent of £16,000 per annum with no breaks.

The property is located in Rothesay's town centre on Montague Street close to its junction with Tower Street. More generally, the property is the only major betting shop on the Isle of Bute, and the nearest competing betting shop is in Largs, which requires an approx. 1 hour ferry to access.

The historic island of Bute is situated at the heart of the Firth of Clyde off of Scotland's west coast and is popular tourist destination renowned for it's landscapes and beautiful views.

Location

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Location: 57-61 Montague Street, Rothesay, Isle Of Bute, PA20 0BU

Wemyss Bay (7.1 miles)

Largs (7.9 miles)

Inverkip (8.7 miles)

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