Wed, 30 May 2012 | COMMERCIAL PROPERTY
A former RAF airbase at Machrihanish has been sold to the local community for £1, it has been confirmed.
The 1,025-acre site has been predominantly empty since the mid-1990s. But the Machrihanish Airbase Community Company now plans to use the site to attract businesses and employment by investing around £1.7 million on infrastructure, with £300,000 to be spent on upgrading the condition of the airbase.
The community plans have been a long time coming with local people initially undertaking a postal ballot back in May 2010 to gather support for a community buyout. The vote received 97 per cent in favour and a deal was finally confirmed this year.
Environment minister Stewart Stevenson announced the plans: "The Machrihanish Airbase Community Company buyout will benefit both the local community and businesses.
"Benefits will include improvements to the water, sewage and electrical infrastructure at the site."
Among the other improvements planned for the site are an upgrade of the site's private sewage and electrical systems, the development of renewable energy and biomass capabilities and the connection of nearly 140 former Ministry of Defence houses and commercial properties to the water supply to bring them back into use.
The wholesale business has an established trading history and has built up a strong reputation and a loyal customer base. Business is drawn from a wide demographic of clients with a good spread across different business sectors.
This is a unique opportunity to acquire a company specialising in luxury performance cycle clothing, utilising the finest specialist fabrics and cutting-edge construction techniques.
A leading internet-based provider of customisable and curated beauty box services. Over the last decade, the business has evolved from a premier subscription service to a leading internet-based provider of highly attractive and rapidly expanding beau...
WEB-BASED
11
|
Jul
|
Holiday letting agency acquires Cornish self-catering holiday specialist | BUSINESS SALE
Travel Chapter, a leading UK holiday letting agency, has ann...
11
|
Jul
|
Power services firm set to be acquired by US energy resilience group | BUSINESS SALE
The Wilmott Group Limited, a power services group with opera...
11
|
Jul
|
Dunfermline vehicle manufacturing services firm enters administration | ADMINISTRATION
A specialist manufacturing business based in Dunfermline has...
Business Sale Report is the complete resource for finding genuine acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.