Properties acquired

Bellair adds two Iceland stores to growing portfolio

Juniper Green Iceland

Falkirk-based commercial property investment and consultancy firm, Bellair has acquired two two properties, both leased to frozen food retailer Iceland in Juniper Green and Corstorphine.

The units are 6,169 sq. ft. and 3,842 sq. ft. respectively and have been acquired via a £1.2m package from Royal Bank of Scotland.

Bellair managing director Colin Campbell, who recently took over from his father, Alistair, intends to streamline the business and concentrate on investments, adding value through active management, and providing consultancy services.

He said: “The commercial property market remains competitive and we are pleased to be strengthening our portfolio with these two key properties.

“Sites such as those at Juniper Green and Corstorphine remain in high demand, as they are important retail sites for consumers, even though they aren’t in central retail hubs.” 

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