Commercial Property in Innellan available for sale
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Commercial Properties for Sale near Innellan, UK

Commercial Properties for Sale Within 5 miles of the Innellan, UK

More details for 54 Victoria Parade, Dunoon - Hospitality for Sale

Victoria House - 54 Victoria Parade

Dunoon, PA23 7HU

  • Hospitality for Sale
  • £430,000
  • 7,913 sq ft

Dunoon Hospitality for Sale

Exclusive use Guest House in a popular seaside location Exclusive Use, 14-Bedroom Guest House in a Popular Seaside Location Superb, Prominent Position with Picturesque Views Fantastic, Extensive Outdoor Amenities Attractive Owners Accommodation Profitable Business Model Development Potential Victoria House occupies a superb position overlooking West Bay, a wonderful corner of the popular Clyde town of Dunoon. The Guest House itself is only one hour away from Glasgow City Centre providing easy accessibility to Scotland's central roads. Dunoon is the main stop on the beautiful Cowal Peninsula and the maritime gateway to the Loch Lomond & Trossachs National Park. Dunoon boasts a wide range of activities for both local and tourist visitors, with a charming selection of craft shops and galleries, attractive promenade and a variety of café and restaurants for its visitors. The town is also a great base to explore nature by visiting the Argyll Forest Park and of course Loch Lomond & The Trossachs. The property has been refurbished by the current owners converting the public areas into a lovely spacious open plan arrangement for large groups to utilise as their central entertainment space. There is also an large owner's flat, one- bedroom with kitchen and living room, which could be used for further self- catering accommodation as it has its own private access. There is also additional 3 letting rooms which are currently not in use. There is the former bar which is currently unused. Located to the rear is the former dining room, access to the kitchen can easily be reinstated. The vendors have previously used this room as a bunk house. There is also additional space adjoining to the premises, this was previously refurbished into a café, it is now the vendor's workshop. However, there is further trading potential here by reinstating the café and opening up for passers by, subject to planning. The availability of Victoria House presents a superb opportunity for a buyer to acquire a fantastic, classic property suitable for a variety of business uses. A new owner has the potential to further develop the business through multiple avenues by capitalising on the unused letting rooms and workshop area. There is of course the potential to transform the property back into a hotel by reinstating the bar area and rearranging the entertainment space into a lounge area. Victoria House is a former hotel which has been converted to provide an exclusive use accommodation for up to 22 people. The property itself is late Victorian with lovely bay windows and dormers overlooking the Cowal waters. The hotel's main accommodation is comprised over ground, first and second floor. The accommodation can be summarised, very briefly, as follows:- From the private garden entrance, stairs lead to main entrance opening into: - Entrance Vestibule Lounge Open Plan Dining/Function Room Bar, Separate area for café or office 14 Letting Bedrooms to sleep 22; 8 X double, 3 X twin All bedrooms ensuite; 11 X shower only, 3 X bath with shower 3 letting rooms currently not in use Three of the old bedrooms have been converted to a 1 bedroom owners flat with large lounge/kitchenette and bathroom. Car Parking Garden with picnic tables & seating area (30) Decked area with BBQ, seating area (20) & hot tub Large rear garden ready for development Option to install moorings for boats at the end of the garden The business has now traded for a full year under the new exclusive use operation and accounts for the year ended 31st March 2024 show a turnover above £100,000 (net). The business trades year round and consistently welcomes repeat custom. Mains gas, electricity, water and drainage. Central heating and hot water from gas fired boilers. Offers in the region of £430,000 are invited for the heritable (freehold) interest in the property, the trade fixtures, fittings and equipment, together with the goodwill of the business, which is to be sold complete as a going concern. Stock in trade to be purchased at an additional price at valuation on the date of entry.

Contact:

Graham & Sibbald

Property Subtype:

Bed and Breakfast

Date on Market:

01/07/2025

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More details for 9 Marine Parade, Dunoon - Land for Sale

9 Marine Parade

Dunoon, PA23 8HE

  • Land for Sale
  • £21,239 - £150,000
  • 0.16 - 0.50 ac Plots
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More details for 102-104 Argyll St, Dunoon - Retail for Sale

102-104 Argyll St

Dunoon, PA23 7NE

  • Retail for Sale
  • £95,000
  • 1,711 sq ft
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FAQs About Commercial Property For Sale in Innellan

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How many commercial properties are currently available for sale in Innellan?
There are currently 0 commercial properties available for sale. Sizes range from to , with an average size of. Available opportunities may include offices, retail premises, industrial properties, mixed-use assets and development sites.
How much does commercial property cost in Innellan?
The average asking price is approximately per sq ft, with prices ranging from to per sq ft. Property values will vary depending on location, size, condition, tenant status and market demand.
What factors influence commercial property values?
Property values can be affected by location, building quality, asset size, lease terms, tenant covenant strength, redevelopment potential and local market conditions. For investment properties, income generation and yield are also important considerations.
What types of commercial property are available to buy?
The market may include offices, retail units, industrial properties, warehouses, land, mixed-use buildings and specialist assets. Availability will vary depending on location and current market conditions.
What should I consider before buying commercial property?
Key considerations include location, accessibility, property condition, planning permissions, lease arrangements, operating costs and future growth potential. Buyers should also understand any legal, environmental or structural issues that could affect value or usability.
What is rental yield and why does it matter?
Rental yield measures the income generated by a property relative to its purchase price. Investors often use yield to compare opportunities, although it should be considered alongside factors such as tenant quality, lease length and potential for capital growth.
Can I buy commercial property for my own business?
Yes. Many buyers purchase commercial property to occupy themselves rather than as an investment. Owning premises can provide greater control over operating costs, security of tenure and the potential to benefit from future capital appreciation.
Do I need a commercial mortgage?
Many buyers use commercial finance to fund acquisitions. Deposit requirements, lending terms and borrowing costs vary depending on the property, the buyer's circumstances and the intended use of the asset.
What due diligence should I carry out before buying?
Due diligence typically includes reviewing title documents, planning permissions, leases, service charge information, environmental matters and building condition reports. Professional legal and surveying advice is strongly recommended before completing a purchase.
What are the risks of buying commercial property?
Potential risks include market fluctuations, vacancy periods, tenant default, maintenance costs, planning restrictions and changes in local demand. Thorough due diligence and effective asset management can help reduce these risks.
Can overseas buyers purchase commercial property in the UK?
Yes. International buyers can purchase commercial property in the UK, although additional legal, tax and regulatory considerations may apply. Professional advice should be obtained before proceeding with a transaction.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax, legal fees, surveys, finance costs, insurance and any refurbishment or fit-out works that may be required.

Discover More Commercial Properties for Sale in the Innellan, UK

Market Overview for Commercial Properties in Innellan

Key information for Commercial Properties investors in Innellan and comparable markets. This summary brings together pricing and building size data to provide a clear view of market conditions and potential investment opportunities.

City Avg Price Per Sq Ft Avg Size Available
Dunoon £125 2,567 sq ft
Rothesay £38 4,757 sq ft
Greenock £35 12,037 sq ft
Tighnabruaich £96 3,506 sq ft

Rental Price Trends in Innellan

The price per square foot range for Commercial Properties in Innellan and nearby cities. These metrics help establish valuation benchmarks and highlight possible value opportunities in the market.

City Min £ Sq Ft Avg £ Sq Ft Max £ Sq Ft
Dunoon £40 £125 £299
Rothesay £15 £38 £62
Greenock £6 £35 £88
Tighnabruaich £96 £96 £96

Available Building Sizes

A summary of the current sizes of Commercial Property for sale in the Innellan area. Refine your search based on space requirements and investment level.

City Smallest Property Avg. Sq Ft Largest Property
Dunoon 323 sq ft 2,567 sq ft 7,913 sq ft
Rothesay 2,124 sq ft 4,757 sq ft 7,390 sq ft
Sandbank 7,139 sq ft 7,139 sq ft 7,139 sq ft
Greenock 410 sq ft 12,037 sq ft 79,120 sq ft
Tighnabruaich 3,506 sq ft 3,506 sq ft 3,506 sq ft

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