EASDALE Brothers Add To Their Inverclyde Commercial Property Empire

29 April, 2022 | Business, Local, Planning

FOUR large industrial units and future development land in Greenock have been purchased by Dalglen Investments, the property arm of Inverclyde businessmen, Sandy and James Easdale.

The sites are on MacDougall Street and extend to more than 38,000 square feet.

Dalglen plan to let the buildings and develop the vacant site. Units ranging from 3,230 to 13,300 square feet will be available.

They are located between other Dalglen-owned sites at Ratho Street, MacDougall Street, and Cappielow Industrial Estate.

The latest investment follows Dalglen’s acquisition in May 2021 of four industrial units at Springkell Street and Arthur Street in Greenock.

The purchases further strengthen the Easdale family’s interests in Inverclyde, with commercial property firm Bowman Rebecchi supporting the overall letting of the portfolio.

Dalglen Investment Directors, Sandy and James Easdale said: “We are pleased to be able to conclude the deal for these further assets and welcome them into our broader portfolio, with this acquisition supporting previous investments in Greenock.

“These high-potential industrial units come to the market at a time when availability in Inverclyde is limited, and we have already successfully let two of these properties.

“The vacant yard also provides an ideal opportunity to create the potential of smaller units to again serve the local market demand, which is an option we are currently exploring.

“While our transport businesses remain hugely important to us, property and construction investment opportunities in England and Scotland are constantly presenting themselves.”

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