Ayr's Heathfield Retail Park bags new trio

On behalf of Europa Capital’s Fund III and Ediston Real Estate, Savills has agreed three pre-lets at Heathfield Retail Park in Ayr.

M&S Simply Food has agreed to a new 20-year pre-let on Unit 17 paying an annual rent of £217,250 (£19.75 per sq ft). The 11,000 sq ft (1,022 sq m) store forms part of the new terrace development on the park. Tapi Carpets has agreed to pay £163,125 per annum (£21.75 per sq ft) on a new 10-year pre-let of Unit 19, extending to 7,500 sq ft (697 sq m). The store is  currently being fitting out. 

Elsewhere on the retail park, Greggs signed a 10-year pre-let on a 1,500 sq ft (139 sq m) unit paying £40,000 per annum (£26.85 per sq ft). The store, operating in a Greggs Cafe format, opened in November 2015.

Ian Buchan, director of retail in Savills Scotland, comments: “The decision by three national retailers to pre-let new space at Heathfield is testament to the strength of Ayr’s only major retail park. The activity reflects the strong levels of activity we are seeing across Scotland’s out of town retail market.”

Unit 18 in the new terrace remains available, offering between 10,500 – 20,000 sq ft (975 – 1858 sq m) subject to occupier requirements. Existing retailers include Homebase, DFS, Currys/PC World, Halfords, Maplin and Costa.

M&S Simply Food was advised by DWR and Tapi was represented by Harvey Spack Field.  Coates & Co are joints agents with Savills on the retail park.

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BDC 305 Jun 2023