Savills | Alexander Inglis & Son Ltd Sites, Ormiston, Tranent, East Lothian, EH35 5NG | Property for sale
48 Ac(19.42 Ha)
Offers over £16,000,000

Alexander Inglis & Son Ltd SitesOrmiston, Tranent, East Lothian, EH35 5NG

  • Available in lots

Key features

  • CLOSING DATE FRIDAY 18TH JUNE 2021
  • For sale as a whole or in up to 4 lots
  • Four substantial grain drying and storage facilities
  • c.202,700 tonnes barley storage in total
  • Situated throughout Scotland and North of England
  • Strategically located to major trunk roads and motorways
  • Potential for alternative uses
  • EPC for site offices = E-G

A PORTFOLIO OF FOUR SUBSTANTIAL GRAIN DRYING, STORAGE AND WAREHOUSING FACILITIES

About this property

  • ADMINISTRATION
    The properties are being sold on behalf of the Joint Administrators of the following companies which entered into administration on 12 May 2021;

    Alexander Inglis and Son Limited - In Administration
    Tayside Grain Company Limited - In Administration
    Inglis Grain Driers Limited - In Administration

    Chad Griffin and Tom MacLennan of FRP Advisory were appointed as Joint Administrators on 12 May 2021. They act as agents of the Company and without any personal liability.

    As is normal in sales by insolvency practitioners, any sale will be without any warranties or indemnities and shall otherwise be on standard insolvency terms.

    All representations, warranties and conditions, express or implied, statutory or otherwise (including without limitation warranties and conditions as to rights, title or interest) in respect of the Properties or any part of any of the Properties are expressly excluded and interested parties should satisfy themselves as to the nature and extent of the Properties in the usual way.

    DESCRIPTION
    The sale of the former Alexander Inglis and Son facilities presents a significant opportunity to acquire a portfolio of four strategically located grain stores across Central Scotland and Northern England. The four sites are well located both in terms of proximity to core cereal producing regions and accessibility to major trunk roads and motorway networks.

    The total combined storage capacity for barley across all sites is c.202,700 tonnes, as summarised below. Type and quality of grain can have a material effect of capacity estimates. We understand greater tonnage has been stored in the past. Planning permission has been granted for a further grain store at the Meadow Stores site which could increase the capacity by an additional 18,000 tonnes. The previous business largely specialised in the drying and storage of malting barley and as such the storage capacities (tonnes) noted within these sales particulars are based on barley with a bushel weight of 66Kg/Hl.

    Site Name:
    Meadow Stores - 78,239 (tonnes of barley)
    Charlesfield - 57,514 (tonnes of barley)
    Swarland - 41,697 (tonnes of barley)
    Errol - 25,310 (tonnes of barley)

    All four sites are equipped with grain drying and handling plant, site offices, laboratories and weighbridges, and could therefore be readily operated as standalone facilities.

    Whilst the sites are currently being utilised for grain storage they may offer potential for repurposing for alternative uses subject to obtaining the necessary consents. This may apply in particular to Errol Granaries and Swarland Grainstores, which are especially adaptable and accessible from the A90 and A1 respectively.

    The sites are offered for sale as a whole or in up to 4 lots as follows:

    Lot 1 - Meadow Stores, East Lothian (owned by Alexander Inglis and Son Limited) - Offers over £7,000,000

    Lot 2 - Charlesfield Grainstore, Scottish Borders (owned by Inglis Grain Driers Limited) - Offers over £4,200,000

    Lot 3 - Swarland Grainstore, Northumberland (owned by Inglis Grain Driers Limited) - Offers over £2,800,000

    Lot 4 - Errol Granaries, Perthshire (owned by Tayside Grain Company Limited) - Offers over £2,000,000

Additional information

  • LOT 1 - MEADOW STORES, ORMISTON, EAST LOTHIAN
  • Meadow Stores occupies a central location in East Lothian, 14 miles east of Edinburgh. The site is approximately 3 miles south of the A1, one of the major trunk roads running between Edinburgh and London, providing easy access to the south. 3.5 miles to the east lies the A68, another main trunk road, also providing excellent transport links to Central Scotland and Northern England.
  • The site extends to about 8.17 hectares in total and is entered via a wide gated bell mouth entrance off the B6371 public road. This extensive facility comprises a complex of 10 grain stores with capacity for c.78,200 tonnes, associated grain drying and handling plant and office / laboratory accommodation.
  • The site benefits from planning permission (ref: 16/0069/P) for an additional grain store and intake elevator providing a further 18,000 tonnes of storage. Initial ground works have commenced including site clearance and boundary bunds. The proposed building would be serviced by existing dryers.
  • LOT 2 - CHARLESFIELD GRAINSTORE, ST.BOSWELLS, SCOTTISH BORDERS
  • Charlesfield is located on the south side of St Boswells in the Scottish Borders. The A68 lies about 500 metres to the east which provides direct access to Edinburgh (40 miles) to the north and Newcastle (65 miles) to the south.
  • The site extends to about 5.60 hectares in total and forms part of a larger industrial estate accessed directly off a minor public road. This extensive facility comprises both silos and flat shed storage with capacity for c. 57,500 tonnes, associated grain drying and handling plant and office / laboratory accommodation.
  • Adjacent to the site is a separate area of ground extending to about 0.8 hectares that could be utilised as part of the grain operations or an alternative use subject to securing the necessary planning consents.
  • LOT 3 - SWARLAND
  • GRAINSTORE, MORPETH, NORTHUMBERLAND
  • The site extends to about 4.31 hectares in total and is entered via a gated bell mouth entrance off a minor public road. It is located 7 miles south of Alnwick, 300m off the A1 giving excellent access to Newcastle (28 miles) and further south via the M1. Transport links to the north are good with direct access to Edinburgh (93 miles) via the A1.
  • The site comprises two adjoining sheds providing capacity for c.41,600 tonnes, associated grain drying and handling plant and office / laboratory accommodation. Given the scale, adaptability of the buildings and its proximity to the A1, the site may offer potential for repurposing for alternative uses subject to securing the necessary consents.
  • LOT 4 - ERROL GRANARIES, ERROL, PERTHSHIRE
  • The site extends to about 1.43 hectares in total and is entered via a short access road off a minor public road. It is easily accessible from the A90 (2 miles) to the north which provides direct access to Dundee (13 miles) to the east and Perth (12 miles) to the west.
  • Errol Granaries comprises three adjacent sheds providing capacity for c.25,300 tonnes, associated grain drying and handling plant and office / laboratory accommodation.
  • The property is identified within the Local Development Plan as within the Settlement Boundary for ‘Errol Airfield/ Grange', and the main policy relevant to the potential development of the site is Policy 8: Rural Business and Diversification which gives favourable consideration to the expansion of existing businesses in rural areas subject to set criteria. In light of this and given the adaptability of the buildings and its proximity to the A90, the site may offer potential for repurposing for alternative uses subject to securing the necessary consents.
  • VIEWING
  • Strictly by appointment with Savills Edinburgh office (0131 247 3720).
  • PLANT & EQUIPMENT
  • The sale is inclusive of all grain dryers and associated cleaners, elevators and conveyors, fuel tanks (excluding LPG tanks) and any other plant affixed to the property and required for the normal functioning of the facility.
  • The sale specifically excludes all motorised machines/vehicles and connecting implements, tools, portable equipment, office and laboratory contents. These items are available in addition and detailed on the plant and machinery inventory held in the Dataroom.
  • For the avoidance of doubt all grain stocks are excluded from the sale.