Large freehold property with development and trading upside near the promenade.
Freehold 14-bedroom guest house with owners' flat
A substantial Victorian guest house occupying a prominent, picture-postcard position overlooking West Bay — offered freehold with established serviced-apartment trading history. The property has been newly refurbished in parts and includes a large owner's flat with private access, extensive decking, landscaped garden and multiple outdoor seating areas that suit groups and events.
The building currently provides 14 letting rooms but only one bathroom is listed for the whole premises and three letting rooms plus the former bar are out of use. Several spaces (former dining room, bar and an adjoining former café/workshop) present immediate commercial upside if reinstated for hospitality or reopened subject to planning and fit-out. Broadband speeds are slow and mobile signal is average — important practical points for modern guest expectations.
This is a clearly opportunistic purchase for an investor or experienced operator. The shell is attractive with period character and good curb appeal; the trading model is described as profitable but realistic buyers should factor in ongoing operating costs, potential licensing/planning for changes and investment to bring unused rooms and former bar/café back into full service.
Location is a major selling point: Dunoon’s seaside promenade, nearby galleries, cafés and access to Glasgow make the site well placed for holiday lets and seasonal visitors. Conversely, the local area records high deprivation indices, which may affect staffing, local demand mix and grant eligibility — account for these when modelling yields and repositioning strategies.
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