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John Swan in £2.8M City Property Deal

9th November

John Swan & Sons plc, the Edinburgh-registered livestock auctioneer, has entered into a conditional agreement with German discount supermarket chain, Aldi to sell a former grazing site of 1.4 acres at Chesser Avenue, off Gorgie Road in Stenhouse on the west side of Edinburgh.  The total price agreed is £2.8 million with a £50,000 non-returnable deposit.  The sale is subject to planning consent being obtained and the site is almost adjacent to Asda.  John Swan & Sons is advised by Ryden and Aldi is advised by CKD Galbraith. 


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