Kyle Shopping Centre High Street Ayr South Ayrshire KA7 1QT

  • Kyle Shopping Centre<br>High Street<br>Ayr<br>South Ayrshire<br>KA7 1QT

Kyle Shopping Centre
High Street
Ayr
South Ayrshire
KA7 1QT

Extensive City Centre Heritable Shopping Centre with Development Potential

  • Landmark Shopping Centre
  • Integral to the Kyle Quarter Masterplan Redevelopment
  • Extensive Town Centre Site of Approximately 1.64 Ha (4.05 Acres)
  • Frontages onto High Street, Carrick Street and Dalblair Road
  • Includes 11 residential flats
  • Potential Asset Management and Development Opportunities
  • Lot
    44
  • Auction
    27th March 2025
  • Status
    Available
  • Guide*
    £150,000
  • Auction Venue
    Live Streamed Auction
  • Octopus Bridging Loan for Buyers
    To be confirmed
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Extensive City Centre Heritable Shopping Centre with Development Potential

  • Landmark Shopping Centre
  • Integral to the Kyle Quarter Masterplan Redevelopment
  • Extensive Town Centre Site of Approximately 1.64 Ha (4.05 Acres)
  • Frontages onto High Street, Carrick Street and Dalblair Road
  • Includes 11 residential flats
  • Potential Asset Management and Development Opportunities
  • Lot 44
  • Auction 27th March 2025
  • Status Available
  • Guide* £150,000
  • Sector
    Shopping Centre, Development
  • Auction Venue
    Live Streamed Auction

Property Information

Location
Miles
35 miles south-west of Glasgow, 70 miles south-west of Edinburgh
Roads
A76, A77, M77
Rail
Ayr Railway Station
Air
Glasgow Prestwick and Glasgow International Airports
Situation

The property is prominently situated in the heart of the town centre, on the west side of the pedestrianised High Street. Nearby occupiers include Boots, Vodafone, WH Smith, Café Nero and Greggs.

The shopping centre is at the heart of South Ayrshire's Ayr Town Centre Framework which received approval in 2024. Further information can be found at www.south-ayrshire.gov.uk

Tenure

Heritable.

Location
Miles
35 miles south-west of Glasgow, 70 miles south-west of Edinburgh
Roads
A76, A77, M77
Rail
Ayr Railway Station
Air
Glasgow Prestwick and Glasgow International Airports
Situation

The property is prominently situated in the heart of the town centre, on the west side of the pedestrianised High Street. Nearby occupiers include Boots, Vodafone, WH Smith, Café Nero and Greggs.

The shopping centre is at the heart of South Ayrshire's Ayr Town Centre Framework which received approval in 2024. Further information can be found at www.south-ayrshire.gov.uk

Tenure

Heritable.

Description

The shopping centre comprises 30 retail units at ground floor and a former café, kitchen and retail unit storage at first floor level. There are a number of tenants including Bon Marche who occupy a retail unit fronting the High Street. In addition there are 3 residential flats and a further 8 flats held under one lease (see legal pack for details). Please see the legal pack for the tenancy information for the whole centre.

VAT

VAT is applicable to this lot.

Planning

The Ayr Town Centre Framework, which aims to transform the heart of the town over the next 10 years and is due to include a new Ayr Station & Transport Interchange along with the development of the Kyle Quarter, will look to increase footfall, extend dwell time, and boost spending. Further details are available from the South Ayrshire Council website - www.south-ayrshire.gov.uk

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The shopping centre comprises 30 retail units at ground floor and a former café, kitchen and retail unit storage at first floor level. There are a number of tenants including Bon Marche who occupy a retail unit fronting the High Street. In addition there are 3 residential flats and a further 8 flats held under one lease (see legal pack for details). Please see the legal pack for the tenancy information for the whole centre.

VAT

VAT is applicable to this lot.

Planning

The Ayr Town Centre Framework, which aims to transform the heart of the town over the next 10 years and is due to include a new Ayr Station & Transport Interchange along with the development of the Kyle Quarter, will look to increase footfall, extend dwell time, and boost spending. Further details are available from the South Ayrshire Council website - www.south-ayrshire.gov.uk

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Unit Floor Use Floor Areas
Approx sq m
Floor Areas
Approx sq ft
Unit 1 Ground/First Retail/Ancillary
313.55
(3,375)
Unit 2 Ground/First Retail/Ancillary
195.65
(2,106)
Unit 3 Ground/First Retail/Ancillary
217.02
(2,336)
Unit 4 Ground/First Retail/Ancillary
310.94
(3,347)
Unit 5 Ground/First Retail/Ancillary
107.40
(1,156)
Unit 6 Ground/First Retail/Ancillary
202.99
(2,185)
Unit 7 Ground/First Retail/Ancillary
217.86
(2,345)
Unit 8 Ground/First Retail/Ancillary
172.98
(1,862)
Unit 9 Ground/First Retail/Ancillary
157.93
(1,700)
Unit 10 Ground/First Retail/Ancillary
157.00
(1,690)
Unit 11 Ground/First Retail/Ancillary
178.00
(1,916)
Unit 12 Ground/First Retail/Ancillary
130.06
(1,400)
Unit 13 Ground/First Retail/Ancillary
91.973
(990)
Unit 14-16 Ground/First Retail/Ancillary
743.50
(8,003)
Unit 17 Ground/First Retail/Ancillary
154.96
(1,668)
Unit 18 Ground/First Retail/Ancillary
28.99
(312)
Unit 19 Ground/First Retail/Ancillary
75.99
(818)
Unit 20 Ground/First Retail/Ancillary
75.99
(818)
Unit 21 Ground/First Retail/Ancillary
75.99
(818)
Unit 22 Ground/First Retail/Ancillary
197.42
(2,125)
Unit 23 Ground/First Retail/Ancillary
23.97
(258)
Store A1 Ground/First Retail/Ancillary
1106.93
(11,915)
Store A2 Ground/First Retail/Ancillary
327.016
(3,520)
Store B Ground Retail
320.42
(3,449)
Store C Ground Retail
378.02
(4,069)
Store C Kiosk Ground Retail
37.161
(400)
Store D Ground Retail
696.21
(7,494)
Store E Ground Retail
193.61
(2,084)
33 Carrick Street Ground Retail
57.04
(614)
223A High Street Ground Retail
89.93
(968)
Total    
7,036.51
(75,741)

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Contacts

Acuitus
Mhairi ArchibaldMhairi Archibald +44 (0)7718 899 341 Mhairi.archibald@acuitus.co.uk
Jon SkerryJon Skerry +44 (0)20 7034 4863 +44 (0)7736 300 594jon.skerry@acuitus.co.uk
Seller's Solicitors
DWF Law LLP 103 Waterloo Street
Glasgow
G2 7BW
Alex Brock 0141 228 8021Alex.Brock@dwf.law

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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