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 303,335 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.
Location
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 43,600 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.
Accommodation
1 - HOMEBASE 36,141 Sq Ft
2A - HARVEYS 12,499 Sq Ft
2B - DREAMS 8,006 Sq Ft
3 - CARPETRIGHT 10,003 Sq Ft
4 - BENSONS BEDS 7,519 Sq Ft
5 - TO LET 11,129 Sq Ft
6 - HALFORDS 11,015 Sq Ft
7/8 - PC WORLD 18,037 Sq Ft
9 - CURRYS 12,007 Sq Ft
10 - COMET 10,079 Sq Ft
11 - KFC 2,729 Sq Ft
12 - PIZZA HUT 3,523 Sq Ft
TOTAL - 142,687 SQFT
DEVELOPMENT OPPORTUNITIES
13 - TO LET - 10,000 Sq Ft
14 - TO LET - 10,000 Sq Ft
15 - TO LET - 10,000 Sq Ft
16 - TO LET - up tp 5000 Sq Ft
17 - TO LET - up tp 3000 Sq Ft
TOTAL - 38,000 Sq Ft
ADJOINING RETAIL ACCOMMODATION
Asda 80,838 Sq Ft
B&Q 41,810 Sq Ft
OVERALL TOTAL 303,335 Sq Ft
Terms
Our clients are seeking new FRI leases for a minimum of 10 years.
Specification
ASSET MANAGEMENT PROPOSALS
Following their acquisition of the park, it is our clients intention 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
• Increase the mass of retail through new development and extension
• Realign the car park to improve access and circulation
PLANNING
Planning consent has been granted for an extension to the retail park and to form additional non-food retail floor-space including
3 additional non-food retail units and mezzanines. This allows for a further 97,600 sq ft of development on the park. 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. The planning consent for the extension to the retail park is currently restricted to DIY, furniture, floorcoverings, electrical and gardening goods. However, our client 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.