Bellair has taken ownership of Pentland House in Almondvale Road, Livingston, from fund managers Kennedy Wilson.
The deal – which has recently been concluded – will see Bellair also acquire the site’s heritable title from West Lothian Council.
Pentland House currently extends to 59,091 sq ft across five floors and is situated close to the main Livingston retail mall and designer outlet with extensive parking facilities.
The property developer has obtained consent to demolish the property in order to take advantage of the full site.
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Work is expected to commence this month and take approximately eight weeks to complete with the site suitable for a variety of commercial and residential uses, subject to planning permission.
Colin Campbell, director at Bellair (Scotland) Ltd, said that it was delighted to have acquired not only Pentland House, but the site’s heritable title from West Lothian Council.
“The property is strategically positioned within Livingston’s town centre, so provides us with an excellent location for redevelopment.
“We will be progressing with demolition works on site in April and look forward to putting in place our redevelopment plans.”