The Eagle Mill in Dundee was put up for sale after the directors of Tayside Plumbing & Building Supplies wound up the business earlier this year.

The firm’s former premises was bought from liquidators for an undisclosed sum by Eagle Mill Capital Limited.

Eagle Mill Capital already owns the adjoining former jute mill and has had plans approved to turn it into 34 apartments, a nursery, bakery and coffee shop.

The company now plans to convert part of the new site into a new fabrication unit to house a long-term industrial tenant.

The redevelopment was due to begin next month but this will now likely be delayed until early next year.

Eagle Mill Capital managing director Graham Giblen, said the delay will allow time to reassess the plans to incorporate the increased size.

He told The Courier: “Now that we’ve purchased this property, things have changed. We need to re-evaluate how we’ll use this part of the building.

“It will be done in two phases. The first will be the original plan and the second will be incorporating this building.

“Do we use it for storage or do we come up with a modern idea? The whole development has to flow and we have to think about traffic entering and exiting.

“Our priority is to make sure it’s secure for winter and amend the planning application slightly. A lot of the former showroom needs assessed.”

The transformation of the building is being designed by James Paul Associates.