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.
This unique holiday accommodation business offers distinctive, design-led stays on over 15 acres of private land, complete with exceptional amenities and a residential property. With a strong occupancy rate of over 90% and excellent guest reviews, it...
FREEHOLD
This exceptional opportunity allows you to acquire a leading UK business in pneumatic tube systems for healthcare, boasting exclusive distribution rights and strong client retention through multi-year service agreements.
This is an outstanding chance to acquire a thriving UK construction business that excels in offsite superstructure solutions, known for delivering projects more efficiently and sustainably than traditional methods.
16
|
Sep
|
UK administrations update: September 9 - 15 | ADMINISTRATION
Since our last update, the following businesses have been co...
16
|
Sep
|
Nottingham pharmacy acquired by husband-and-wife team | COMMERCIAL PROPERTY
A pharmacy in Nottingham has been acquired by a husband-and-...
15
|
Sep
|
Mears Group acquires housing compliance firm in £9.5m deal | BUSINESS SALE
Pennington Choices Group Limited (PCL), a social housing com...
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.