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Sale of 64-acre site completed in Scotland

29 Jan 2021

We are very pleased to announce the sale of a 64-acre site known as Castlebridge (Alloa) to JBP Transport Ltd.

The sale of the site, which is strategically located 4km north of the Clackmannanshire Bridge between Edinburgh and Glasgow, was agreed by Ryden who acted as agent on behalf of Hargreaves Land.

The site is the former Castlebridge Colliery which was developed and operated by the National Coal Board (NCB) from 1978 until its closure in 2001.  Castlebridge hosted the last deep mine shaft to be sunk in Scotland by the NCB and was 426m deep.

Following closure of the colliery, the site was used as the headquarters for the Scottish Coal Company Ltd before passing into Hargreaves’ ownership in 2013. The site was cleared of all buildings in 2017, leaving a 5-acre concrete platform with adjoining woodland and former lagoons.

Commenting on the purchase, a spokesperson for JBP Transport Ltd said: “This is an exciting step for the business, and we look forward to investing in such a fantastic site and bringing it back to use. With so much history and in such a prime location for road networks the site will not only allow the business to expand its current operation over the coming years but will also allow us to look at potential diversification opportunities which I’m sure will be positive for the local area.”

Ross MacDonald, development surveyor at Hargreaves Land added: “The investment and development that JBP Transport have planned for Castlebridge and the benefits it will bring to the local area are truly exciting. We look forward to seeing a new lease of life brought back to a site which forms such an important part of Scotland’s mining history.”

Ryden has been appointed to market further sites on behalf of Hargreaves Land at St Ninians and Westfield, which total nearly 2,000 acres, and also Damside in North Lanarkshire, which extends to 19.5 acres.  For details of these properties please contact Neil McAllister, FRICS on 0131 473 3212 neil.mcallister@ryden.co.uk