ARRANGLEN, the investment vehicle for the Easdale family, has acquired a commercial property in Greenock for around £800,000.
The unoccupied Lyle Building, which was built in 1998, has parking for more than 20 vehicles, a warehouse of almost 16,000 square feet and close to 5,000 square feet of office space.
A spokesperson for Arranglen said: "The Easdale family remain committed to investing in their home town of Greenock and the recent purchase of the Lyle Building is testament to that."
Arranglen also owns bus company McGill's and window manufacturer Blairs which are both based in Greenock.
At the start of 2013 Arranglen bought the Holt Court and Victory Court office buildings in Greenock for a total of £1.2 million.
Why are you making commenting on The Herald only available to subscribers?
It should have been a safe space for informed debate, somewhere for readers to discuss issues around the biggest stories of the day, but all too often the below the line comments on most websites have become bogged down by off-topic discussions and abuse.
heraldscotland.com is tackling this problem by allowing only subscribers to comment.
We are doing this to improve the experience for our loyal readers and we believe it will reduce the ability of trolls and troublemakers, who occasionally find their way onto our site, to abuse our journalists and readers. We also hope it will help the comments section fulfil its promise as a part of Scotland's conversation with itself.
We are lucky at The Herald. We are read by an informed, educated readership who can add their knowledge and insights to our stories.
That is invaluable.
We are making the subscriber-only change to support our valued readers, who tell us they don't want the site cluttered up with irrelevant comments, untruths and abuse.
In the past, the journalist’s job was to collect and distribute information to the audience. Technology means that readers can shape a discussion. We look forward to hearing from you on heraldscotland.com
Comments & Moderation
Readers’ comments: You are personally liable for the content of any comments you upload to this website, so please act responsibly. We do not pre-moderate or monitor readers’ comments appearing on our websites, but we do post-moderate in response to complaints we receive or otherwise when a potential problem comes to our attention. You can make a complaint by using the ‘report this post’ link . We may then apply our discretion under the user terms to amend or delete comments.
Post moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours.
Read the rules hereComments are closed on this article