For Sale By Auction | 14:00, 21 November 2019

Argyll Road, Kilcreggan, Helensburgh, Argyll And Bute, G84 0JP

*Guide | £499,999+ (plus fees)

  • Commercial Property
  • 10 Bedrooms
  • Tenure: Freehold

Call the team on 0141 339 4466 for more information

Auction Date

Thu 21/11/2019

Auction Time

14:00

Auction Venue

Radisson Red, 25 Tunnel Street, Glasgow, G3 8HL

Former Hotel

Fantastic opportunity to purchase the former Kilcreggan Hotel (B-listed) which enjoys an elevated position on Argyll Road overlooking Kilcreggan Bay in the Firth of Clyde, located on the southern tip of the Rosneath Peninsula. The Hotel has ceased trading but could easily be turned into a successful hotel again. The current accommodation is formed over three levels and comprises: On the ground floor the hotel includes a reception lounge, main bar/restaurant (60 covers), public bar and former dining room. A full commercial kitchen is provided as well as extensive ancillary accommodation. Three letting bedrooms are provided at first floor level, along with a private function room and former coffee lounge conservatory. Due to the sloping nature of the site the conservatory can also be accessed directly from the private hotel car park. Seven further en-suite letting rooms are provided at second floor level. Externally the property includes a surfaced car park (fifteen cars) and extensive gardens to the south. A paved external seating area/beer garden is provided. Full planning permission has also been granted to convert the current property into five residential flats (19/00245/PP) and convert from a commercial property back to residential (18/01439/PP). In addition to this outline planning has been granted for the erection of a detached house in the gardens grounds (18/02102/PPP). This is a unique opportunity for the right buyer and would offer a builder / developer a great opportunity to make a substantial profit on completion of the works. It would also offer a great opportunity for someone looking to run their own hotel or return to a stunning residential home. This property really has to be viewed to show the incredible potential it offers at such an attractive guide price.

Tenure

Freehold

Competitively priced

Great builder / developer opportunity

Planning granted for conversion to five flats

Outline planning granted for erection of detached house in grounds

Fifteen car parking spaces

Stunning views

Potential to trade as a hotel again

Substantial garden grounds

Area

Argyll Road enjoys one of the best positions within Kilcreggan, set back from the busy main front road yet still taking in some of the most spectacular views in the area. Kilcreggan itself is a vibrant community with a primary school and number of clubs and groups catering for a wide range of interests and the village benefits from many local amenities that include a range of shops, bank, post office, health centre, hotels, pub and a garage. There are good transport links from the village with a regular bus service to Helensburgh which is the nearest large town and a pedestrian ferry across the river over to Gourock with a connecting rail link from Gourock to Glasgow. Helensburgh is approximately twenty five minutes' drive and it provides a wider selection of shops, supermarkets, banks, post office, bars and restaurants along with a rail service to Glasgow, Edinburgh and even to London. Glasgow Airport can be reached by road in approximately fifty minutes and the West End of Glasgow in just over an hour.

Local Authority

Argyll and Bute Council

Additional Fees

Administration Charge - Purchasers will be required to pay an auction fee of 1% of the purchase price subject to a minimum of £3,000 inc VAT unless otherwise stated

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.