Historic Greenock Development Site Comes To Market

More than 5 acres of land which formed part of the former Tate & Lyle sugar refinery in Greenock has been put up for sale through commercial property specialists, Bowman Rebecchi.

The prime historic site is available to buy for offers in the region of £600,000 and provides future purchasers with a range of opportunities to develop a potential residential or commercial development site (subject to securing appropriate statutory consent).

The subjects extend to approximately 2.11 hectares (5.2 acres), having originally formed part of the Tate & Lyle sugar refinery which closed in 1997. 

Rectangular in shape, the site has short tails at the top east and west sections and occupies an elevated position that enjoys open aspects of the River Clyde and Greenock town centre.

Bowman Rebecchi has a recent Site Investigation survey available, as well as drawings showing a potential social housing scheme creating 72 units. A Topographic survey is also available to share with interested parties to support development plans. 

The subjects occupy an attractive elevated position on the eastern side of Drumfrochar Road in Greenock, which can be accessed from Baker Street, Lynedoch Street or Dunlop Street. 

Other enterprises in the vicinity include the Pelagia fish plant which is currently being redeveloped as well as M&J Timber.

Drumfrochar Industrial Estate is further along the same road, with Broomhill Community Gardens and the new £1.8m food and drink hub - Baker Street - located on the corner of Drumfrochar Road and Baker Street.

Bowman Rebecchi Director, Andrew Bowman said:

"This is an outstanding opportunity to own a prime site and over 2 hectares of land in Greenock and we are delighted to be supporting our clients.

"Despite just coming to market, we have already seen early interest from several parties from across Scotland and expect this to continue.

"We look forward to supporting the sale process and providing a further investment boost to Inverclyde."

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