RBS gives backing for Gretna retail development

Property developer Crucible Alba Group has secured a six-figure investment from Royal Bank of Scotland to back a retail development in Gretna.

The £1 million project, which is situated on the main route between Gretna and Annan, is offering retail space to let. The rest of the adjacent building has already been pre-let to Coop Food on a 15-year lease.

RBS has made a £555,000 investment in the construction of the development.

Crucible Alba began developing the unit at the beginning of the year. The land, which was vacant for some time, was previously used and owned by a car dealer.

Brian Robinson, development director at Crucible Alba Group, said: “The town of Gretna is a popular tourist destination, with a strong motorway link and analreadywell-established shopping village nearby.”

Iain Robertson, relationship director at RBS, said: “It is great to see investment going into the Gretna area and rewarding to know that new jobs and amenities are to be created for the community.”