Historic Argyll hotel on the market for the same price as a one bedroom flat in London

If you've ever dreamed of running your own hotel in Scotland but didn't think your budget would stretch, then take a look at Auchencraig House.

New to the market, this historical hotel located in the Kirn area of Dunoon, is for sale with Christie & Co for offers over Β£295,000 for the freehold.

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The same price could get you a one bedroom flat in London, so it's not too bad an investment for any budding hotelier.

The Victorian villa is situated on the headland of the Cowal peninsula, which offers beautiful views over the Clyde Estuary and beyond.

The house retains many of its original features and covers an area of 410.6 square meters, sitting on a substantial corner plot of 0.75 acres of land, which offers the possibility of further extending the property, subject to necessary consent.

Picture: Christie & Co

Comprising of 17 bedrooms, three public rooms, two lounge rooms and a large grand room that overlooks the River Clyde estuary and hillside, the property is ideal for someone looking for a project as it is perfect for development.

Josh Hill, Business Agent at Christie & Co says: β€œAs the property is currently unoccupied it provides an unparalled opportunity to create any business which suits the buyer, with huge potential to be a boutique hotel or fantastic guest house.

"However, the interior is very adaptable and it would also lend itself to youth hostel, nursing home, gymnasium or a convertion into stylish apartments.

"This property is ideally suited for an experienced developer or an owner/operator and with the right development this property would make a fantastic business.”