Commercial Property News

Our magazines are published bi-monthly with in-depth features and news for the commercial property industry. On this page we have the latest news to keep you constantly updated on the market. On the left hand side of the page you can search our archived news which is stored monthly.



Tuesday, May 30, 2023

Hibs purchase land for new training centre in East Lothian

Hibernian FC, advised by Rettie & Co's Rural department, has secured 36 acres of farmland in East Lothian to develop a new training ground. The site, to be known as the East Mains Training Centre, is near Tranent, East Lothian.

The sum agreed by the Club and the vendors is £636,000 and the purchase is subject to the Club receiving planning permission.

The Club hopes to submit a planning application in the next few weeks, and with that process expected to take 4-6 months, it is hoped that facilities could be available for pre-season training in 2007.

The sale includes buildings totaling 2,800 sq metres that can be converted into the required accommodation as well as existing infrastructure and car parking. A further 21 acres of attendant land were purchased at a cost of £64,000.

The announcement follows several months of careful negotiations between the Club and the landowners by Chris Hall, director of Rettie & Co's Rural team. The site was sourced privately by Rettie & Co as fulfilling the brief provided by Hibernian FC.

Chris Hall commented: "This is an excellent deal for all parties concerned and one which demonstrates our market awareness and active search ability on behalf of our clients."