Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
The property comprises a ground floor commercial unit fully let to Ladbrokes on a lease expiring 27/02/2029 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.
Tenure
Freehold
Tenancy
Let to Ladbrokes on a lease expiring 27/02/2029 with no breaks at a current passing rent of £16,000 per annum.
The tenant agreed to remove the break clause in November 2024 via a deed of variation signed in February 2024.
Rent
Notes
Please note the approximate areas have been provided by the VOA and the property has not been internally inspected by Savills. The photos and yellow line drawings are for illustrative purposes only and may not reflect the exact boundary of the site.
Joint Agent
Jas Aujla
jas@tsapc.co.uk
07810 717 229