![\"\"](\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2026\/08\/Craigtoun-Park.png\")
West Coast Estates, the Aberdeen-based property development and investment company, has acquired one of the largest consented commercial development opportunities in St Andrews.<\/p>\n
Craigtoun Park, which has an estimated completed development value of approximately \u00a325 million, comprises 60,000 sq ft of space on a seven acre mixed-use development.<\/p>\n
The business park, which will feature a combination of fully-serviced retail, office, and business units, represents a rare development opportunity in the town.<\/p>\n
It coincides with the building of about 1,250 homes in the surrounding area. It is estimated that the business park will create at least 170 permanent jobs.<\/p>\n
Craigtoun Park is expected to attract leading operators within the consumer and business-to-business sectors, ensuring strong, long-term demand, while also providing modern, purpose-built spaces for local businesses. Discussions are progressing with several prospective occupiers, including a potential anchor.<\/p>\n
West Coast Estates director, Iftikar Mian, said: \u201cThe completion of the acquisition of Craigtoun Park is a significant moment for West Coast Estates as we continue to expand our focus on breathing new life into brownfield and underutilised sites across Scotland.\u201d<\/p>\n
Former navy building for auction<\/strong><\/p>\n Admiral\u2019s House in North Queensferry, in the shadow of the Queensferry Crossing, is set to go under the hammer at Shepherd Commercial Property Auctions on 20 August with a guide price of \u00a3300,000.<\/p>\n Known locally as \u2018St Margarets Hope\u2019 and \u2018Admiralty House\u2019 the building is a dilapidated \u2018B\u2019 listed part single and part two-storey structure. \u00a0 <\/p>\n It was built in 1829 and re-modelled circa 1916 and remained the residence of the Rosyth Naval Commander until 1996, when it was handed over to the Scottish Executive.<\/p>\n Daily Business Bulletin<\/strong>:\u00a0Subscribe here for our morning bulletin of breaking news<\/em><\/p>\n \t <\/div>\n![\"\"](\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2026\/08\/Admirals-House.png\")