Fri, 07 May 2010 | DIVISION SALE
A fortified banking hub in Glasgow belonging to the Royal Bank of Scotland (RBS) has been put up for sale.
The 26,000 ft, six-storey Dale House on West George Street was an RBS cash and coin centre, supplying money to all branches of the bank in the West of Scotland, until November 2009, when operations were transferred to Edinburgh.
It is now being sold via agents, Jones Lang LaSalle (JLL), who believe its central location and unique construction would make it ideal for the ambitious designs of a plucky developer.
Angela Pirie from JLL, said: “We are already receiving enquiries from parties considering a wide range of uses for the building, from those who would benefit from the existing fit-out as well as developers specialising in the refurbishment of city centre office premises.”
JLL is selling the building on behalf of Vail Williams, the receivers of the Liberty II portfolio in England.
Features of the premises include CCTV, two vaults, a control room and its own dedicated sub-station. Cash handling and counting machinery, as well as the vehicle loading bays with secure double doors where the money was delivered, are still in place.
It was originally built for the Bank of England but was sold to RBS in 1981. It was named after David Dale, a philanthropist and entrepreneur, who was made RBS’s first Glasgow agent in 1783.
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...
|
11
|
|
Jul
|
CubeMatch acquires professional services firm DVCP | BUSINESS SALE
Global change and transformation consultancy CubeMatch has c...
|
11
|
|
Jul
|
Dunfermline vehicle manufacturing services firm enters administration | ADMINISTRATION
A specialist manufacturing business based in Dunfermline has...
|
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...
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.