Acquisition of a modern trade-counter Investment in Coatbridge

Rankeilour Properties have acquired a trade counter investment on North Caldeen Road, Coatbridge for Rankeilour Commercial 4 LLP.   The property comprises a terrace of two units measuring a total of 15,000 sq ft and is let to Brandon Tool Hire and City Plumbing Supplies.  As Brandon Tool Hire are not in occupation, there is opportunity to sub-divide and re-let their unit to improve the value of the property.  The purchase price was £1.45 million.