The building has fallen into a state of disrepair, with Argyll and Bute Council's Building Standards team monitoring the site.
A spokesman for Kilkerran Developments added: "The most important step in securing the building for the future is to secure the building itself. There is a lot of work to be done externally to before we can even begin to work on the inside of the building and as such that will be the focus for the immediate future. Work has already commenced on clearing some of the debris from the courtyard so that we can then establish the next steps necessary."
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Argyll and Bute Council's Policy Lead for Economic Development, Councillor Aileen Morton, added: "The Old Courthouse has lain derelict for a long time and a number of unsuccessful efforts to secure its future have been launched. This is a huge step towards bringing this historic building back into use and we're very pleased to have helped with the change of ownership. There is still a long road ahead, but it will be great to see Kilkerran Developments come up with something that will be a real attraction for Campbeltown."
An investment of £2.2million to boost Campbeltown's historic town centre was launched in 2015 and runs until 2020.
Kilkerran Developments have yet to reveal detailed plans for the Old Courthouse building.
(CM)
