MULTI-millionaire Greenock businessmen Sandy and James Easdale have snapped up two local sites in a double investment deal.

A former Inverclyde Council depot in Port Glasgow and a quarry site in Greenock's east end have been secured by their Dalglen Investments firm.

The former Anderson Street Depot in the Port was put up for sale by Inverclyde Council in 2019 and covers 1,100 square metres of offices, staff areas and yard space.

The Easdales have plans to develop the site, which is located adjacent to the Gallagher’s Retail Park in Port Glasgow, but are yet to say what they hope to do with it.

Other light industrial businesses surround the buildings, with river views across the Clyde Estuary.

The historic site is close to the former Port Glasgow Job Centre at Scarlow Street, which was also secured by Dalglen back in December 2019.

The firm has also bought the former Breedon Aggregates quarry site in Orchard Street in Greenock, following its closure last year.

Located close to their Blairs Windows base and Arc Fleet Services HQ, the brothers say the strategic acquisition further strengthens their commercial interests in Greenock town centre.

The development proposals for both sites will be delivered by Gourock firm Rebecchi Architectural.

The Easdales have made substantial real estate investments in recent times.

Their latest acquisitions follow hot on the heels of the purchase of the landmark former Watt Brothers department store building in Glasgow city centre. and they are behind a massive £100m blueprint to transform the former IBM site at Spango Valley into a residential, commercial and leisure development.

The current property and construction developments being led by the Easdale family are now estimated at £400m.

Sandy Easdale said: "We are pleased to be able to conclude these two assets and welcome them into the broader portfolio, which continues to diversify through our acquisition strategy.

“These are two high-potential sites that we plan to develop to bring them back into use and provide economic opportunities for businesses."

James Easdale added: “The Anderson Street Depot is a vast overall site providing plenty of opportunities, and something we believe can further complement this part of Port Glasgow.

“The Orchard Street site is classified in the top 10 per cent of the most deprived areas in Scotland as per the Scottish Index of Multiple Deprivation, and so this will be an important site to improve the economic development of this part of Greenock.”