HEATHFIELD RETAIL PARK, AYR
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1 A77/M77 Consented Development Opportunity HEATHFIELD ROAD (B743) PROPOSALS FOR THE EXTENSION AND UPGRADING OF AYRSHIRE S NO.1 RETAIL PARK
2 SCHEDULE OF AREAS UNIT TRADING AS GIA SQFT HEATHFIELD RETAIL PARK, AYR PROPOSED LAYOUT 1 HOMEBASE 36,141 2A HARVEYS 12,499 2B TO LET 8,006 3 CARPETRIGHT 10, BENSONS BEDS 7,519 5 TO LET 11,129 6 HALFORDS 11,015 7/8 PC WORLD 18,037 LIBERATOR DRIVE 5 9 CURRYS 12, TO LET 10,079 RESTAURANT 1 KFC 2,729 2B RESTAURANT 2 PIZZA HUT 3,523 TOTAL 142,687 SQFT 12 DEVELOPMENT OPPORTUNITIES TO LET 4, UNDER OFFER TO MAPLIN 4, UNDER OFFER TO COSTA 1, TO LET 1, TO LET 1, TO LET 15, TO LET 10, TO LET 10,000 PFS LIBERATOR DRIVE TOTAL 46,760 SQFT ADJOINING RETAIL ACCOMMODATION Asda 80,838 B&Q 41,810 B743 HEATHFIELD ROAD B743 HEATHFIELD ROAD OVERALL TOTAL 312,095
3 LOCATION Situated in the west of Scotland, Ayr is the largest of the Clyde coast holiday towns and is the principal retail and administrative centre within the region, situated approximately 13 miles south west of Kilmarnock and 35 miles south west of Glasgow. Due to the recent upgrading of the A77 / M77 road network, Ayr is easily accessible by road and provides commuting access to the city of Glasgow and other nearby towns. Ayr also benefits from regular train services to Glasgow and is in close proximity to Troon where the Seacat ferry provides connections to Northern Ireland. DESCRIPTION Heathfield Retail Park comprises 142,687 sqft of accommodation arranged in an L-shape over two terraces. In addition, there are currently two stand-alone restaurant units occupied by KFC and Pizza Hut. The adjoining Asda and B&Q extend to 122,648 sqft, providing a substantial critical mass of 265,335 sqft of retail accommodation with the potential to increase this 312,095 sq ft through further development within the retail park. The retail park currently incorporates 801 car parking spaces providing a generous car park ratio of 1:178 sqft. There is also dedicated servicing to the rear of the units. Located adjacent to the retail park, Glasgow Prestwick Airport offers regular flights to major destinations throughout the UK and Europe. The retail park is accessed from Heathfield Road close to the Whitletts roundabout which provides access to the A77 / M77 trunk road. CATCHMENT Heathfield Retail Park is the only retail warehouse park in Ayr and is located approximately 1.8 miles to the north east of the town centre just to the south of Glasgow Prestwick Airport. The park forms a major part of a significant retail mass including a 80,838 sqft Asda food store adjacent to the retail park and a 41,810 sqft B&Q unit located opposite the park. There are also a large number of commercial users within the immediate vicinity including motor dealerships, health and fitness clubs and hotels. Ayr has a total population of approximately 46,000 people within the primary catchment area and it is estimated that there are 112,000 people within a 20 minute drive time. The demographic profile within the 20 minute drive time displays a percentage of home ownership above the national average, proportions of both A, B and C s in line with national averages and 46% of households owning at least one car, slightly ahead of the national average. Employment statistics within the catchment area highlight that 80% of people are in the working age population and the average earnings are above the national average.
4 ASSET MANAGEMENT PROPOSALS Ediston intends to undertake several asset management initiatives to enhance the park. These initiatives include: Upgrade frontages to include modern facades and canopies Improve on-site signage H e a t h f i e l d R e t a i l P a r k Increase the mass of retail through new development and extension Realign the car park to improve access and circulation Encourage a wider range of uses to enhance customer dwell time Unit 10 Unit 5 PLANNING Planning consent has been granted for an extension to the retail park and to form additional retail floor-space. This includes foodretail of up to 35,000 sq ft. The images contained within this brochure show how the planning consent could be implemented to provide new build opportunities, of various sizes, across the park. Unit 2B Retail Unit Retail Unit Retail Unit PROPOSED NEW ENTRANCE FEATURE The planning consent for the extension to the retail park is currently restricted to DIY, furniture, floorcoverings, electrical and gardening goods. However, Ediston intends to seek a widening of the uses from the Local Authority on the existing retail park and also on the proposed additional non-food floor-space should there be interest from occupiers who require Class 1 non-food consent. Further planning information is available on request. PROPOSED NEW TOTEM SIGNAGE INDICATIVE PROPOSED NEW FOOD TERRACE
5 SAT NAV REF: KA8 9BF HEATHFIELD RETAIL PARK TOWN CENTRE TRAVEL DISTANCES HEATHFIELD RETAIL PARK Glasgow Prestwick Airport Irvine Kilmarnock KA8 9BF 35 miles 4 miles 16 miles 13 miles
6 THE OPPORTUNITIES Expressions of interest are sought for Unit 5 and Unit 10, available for immediate occupation, or for pre-lets in respect of the proposed further development opportunities RENT On application. RATES Further information can be provided on request. LEASE TERMS Our clients are seeking new FRI leases for a minimum of 10 years. LEGAL COSTS Each party will be responsible for their own legal costs incurred in connection with any transaction with the ingoing tenant being responsible for stamp duty land tax, registration dues and VAT incurred thereon. ENERGY PERFORMANCE RATING Unit 5: E Unit 10: E Please note that copies of the Energy Performance Certificates can be provided on request. FOR MORE INFORMATION Coates & Co Savills 37 ONE Wemyss House 37 George Street 8 Wemyss Place EDINBURGH EH2 2HN EDINBURGH EH3 6DH Alasdair Coates Mike Spens alasdair@coatesandco.net mspens@savills.com DD: DD: Mark Dawson Ian Buchan mark@coatesandco.net ibuchan@savills.com DD: DD: Disclaimer: AD Coates & Co and Savills for themselves and for vendors or lessors of this property whose agents they are, give notice that: (1) The particulars are produced in good faith, are set out as a general guide only and do not constitute any part of a contract. (2) No person in the employment of the agent(s) has any authority to make or give any representation or warranty whatever in relation to this property. (3) This property is offered subject to contract and, unless otherwise stated, all rents are quoted exclusive of VAT. (4) Nothing in these particulars should be deemed to be a statement that the property is in good condition or that any services or facilities are in working order. (5) Unless otherwise stated, no investigations have been made regarding pollution or potential land, air or water contamination. Interested parties are advised to carry out their own investigations if required.
HEATHFIELD RETAIL PARK, AYR
NOW TRADING www.heathfieldretailpark.co.uk OPENING SOON PRESTWICK INTERNATIONAL AIRPORT PFS A77/M77 www.coatesandco.net HEATHFIELD ROAD (B743) PROPOSALS FOR THE FURTHER ENHANCEMENT OF AYRSHIRE S NO.1 RETAIL
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