The company holds two land titles registered at the Land Register of Scotland, covering approximately 2.8 hectares (6.91 acres) in Conon Bridge. The site previously benefitted from planning consent for a mixed-use development of 72 residential properties and three commercial units.

Mr Bathgate said: “Our immediate priority is to realise the value of the company’s assets. The development site at Conon Bridge is a substantial opportunity for residential and commercial growth in the Highlands.”