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01 Aviemore Retail Park 50,550 sq.ft. of new class 1 retail space 33,550 sq. ft. pre-let to Aldi and Home Bargains

01 Aviemore Retail Park - Morgan Williams · 01. Aviemore Retail Park. 50,550 sq.ft. of new class 1 retail space 33,550 sq. ft. pre-let to Aldi and Home Bargains

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Page 1: 01 Aviemore Retail Park - Morgan Williams · 01. Aviemore Retail Park. 50,550 sq.ft. of new class 1 retail space 33,550 sq. ft. pre-let to Aldi and Home Bargains

01

Aviemore Retail Park

50,550 sq.ft. of new class 1 retail space33,550 sq. ft. pre-let to Aldi and Home Bargains

Page 2: 01 Aviemore Retail Park - Morgan Williams · 01. Aviemore Retail Park. 50,550 sq.ft. of new class 1 retail space 33,550 sq. ft. pre-let to Aldi and Home Bargains

02

0406081012

Introduction to Aviemore

Location

Floorplan

Development Highlights

Contact

Contents

Page 3: 01 Aviemore Retail Park - Morgan Williams · 01. Aviemore Retail Park. 50,550 sq.ft. of new class 1 retail space 33,550 sq. ft. pre-let to Aldi and Home Bargains
Page 4: 01 Aviemore Retail Park - Morgan Williams · 01. Aviemore Retail Park. 50,550 sq.ft. of new class 1 retail space 33,550 sq. ft. pre-let to Aldi and Home Bargains

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Planning permission for 44,550 square feet of Class 1 retail space was granted in December 2016. Construction commenced in January 2017 with completion expected by October 2017.

The scheme benefits from 333 free parking spaces. Unit 2 (16,550 sqft) is pre-let to Home Bargains and Unit 3 (17,000 sqft) is pre-let to Aldi. Unit 1, measuring 11,000 sqft at ground floor with a 5,000 sqft non-trading mezzanine is available to let.

In addition to these three large retail units, consent is being sought for a further small parade of retail ͚pods͚. The application for these pods was submitted in February 2017 and consent is expected during Q2 2017. These pods provide a further 6,000 sqft of retail space (Class 1, 2 and 3 uses applied for but subject to planning approval) over 3 individual units. Amended subdivision can be considered subject to availability and tenant requirements.

Introduction to Aviemore

Aviemore Retail Park is a new retail development providing over 50,000 square feet of Class 1 retail warehouse accommodation over a range of unit sizes.

Aviemore Retail Park: view from south-west corner of car park

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Whilst Aviemore is a year-round destination, it is perhaps most famous for winter sports with the Cairngorm Mountain Resort located a short distance to the east. On peak days during the winter season, Cairngorm Mountain Resort can expect to attract over 3,000 visitors, the vast majority of whom will require to pass through Aviemore to access the slopes. During the summer months, activities such as walking, cycling and hill walking draw large numbers of people to the town.A large amount of self-catering accommodation is available within the town and the inclusion of both Aldi and Home Bargains is expected to draw large numbers of holiday makers to the site who are seeking to stock-up on groceries.

Aviemore Retail Park

Aviemore Retail Park occupies a prime site within the centre of the town of Aviemore in the picturesque setting of the Cairngorms National Park. The site is a short distance to the north of Aviemore Train Station.

Edinburgh

Inverness

Location

Glasgow

Page 6: 01 Aviemore Retail Park - Morgan Williams · 01. Aviemore Retail Park. 50,550 sq.ft. of new class 1 retail space 33,550 sq. ft. pre-let to Aldi and Home Bargains

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Aviemore Retail Park

Grampian Road

Aviemore Retail Park: aerial view from the south

Page 7: 01 Aviemore Retail Park - Morgan Williams · 01. Aviemore Retail Park. 50,550 sq.ft. of new class 1 retail space 33,550 sq. ft. pre-let to Aldi and Home Bargains

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Schedule of unit areas

Scheme Overview

The site plan for the proposed 2017 Aviemore Retail Park development shows its proximity to the main high street.

UnitTotal

GIA m²Total

GIA ft²

Unit 1 Total 1,486 Total 16,000

Ground floor 1,022 11,000

Mezzanine 464 5,000

Unit 2 - pre let to Home bargains

Total 1,537 Total 16,500

Ground floor 1,537 16,550

Unit 3 - pre let to Aldi Total 1,579 Total 17,000

Ground floor 1,579 17,000

Unit 4 Total 139 Total 1,500

Ground floor 139 1,500

Unit 5 Total 139 Total 1,500

Ground floor 139 1,500

Unit 6 Total 139 Total 1,500

Ground floor 139 1,500

Unit 7 Total 139 Total 1,500

Ground Floor 139 1,500

NOITATS BUS)HTNILP NO(

1 TINU 2 TINU 3 TINU

UNIT 5UNIT 4

UNIT 6UNIT 7

Location

Page 8: 01 Aviemore Retail Park - Morgan Williams · 01. Aviemore Retail Park. 50,550 sq.ft. of new class 1 retail space 33,550 sq. ft. pre-let to Aldi and Home Bargains

Development Highlights

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UK centre ranking

Based on Comparison Tourism Expenditure, Aviemore is ranked in the top 5% of all UK centres. This highlights the potential for retailers to tap-in to Aviemore’s lucrative tourism market. ͚

Total market share

Aviemore dominates the core and total catchment, capturing over half the market share within the core and 21% of the total market share.

Market potential͚

Total combined residential and tourism comparison goods market potential of £16.6m.

Affluent catchment

60% of the catchment is within the Affluent Achievers, Rising Prosperity and Comfortable Communities categories.

Source: CACI 2016, full report available on request.

Page 9: 01 Aviemore Retail Park - Morgan Williams · 01. Aviemore Retail Park. 50,550 sq.ft. of new class 1 retail space 33,550 sq. ft. pre-let to Aldi and Home Bargains

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Aviemore Retail Park: view from western boundary (proposed retail pods not shown).

Page 10: 01 Aviemore Retail Park - Morgan Williams · 01. Aviemore Retail Park. 50,550 sq.ft. of new class 1 retail space 33,550 sq. ft. pre-let to Aldi and Home Bargains

AviemoreRetail Park

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Dan Gazzard Morgan Williams E: [email protected] T: 020 7493 4455 M: 07990 575 357

Misrepresentation notice

LSI, Morgan Williams and Biggart & Co for themselves and for the Vendors of the property whose Agents they are, give notice that:-

i. The particulars are set out as a general outline only for the guidance of intending purchasers and do not constitute, nor constitute part of, an offer or contract;

ii. All descriptions, dimensions, references to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct, but any intending purchaser should not rely on them as statements or representations of fact and must satisfy themselves by inspection or otherwise as to the correctness of each of them;

iii. No person in the employment of LSI, Morgan Williams and Biggart & Co has any authority to make or give any representations or warranty whatever in relation to this property or the particulars, nor enter into any contract relating to the property on behalf of LSI, Morgan Williams and Biggart & Co nor any contract on behalf of the vendors

iv. No responsibility can be accepted for any expenses incurred by intending purchasers in inspecting properties which have been sold or withdrawn.

Information correct February 2017

Alastair Biggart Biggart & Co. E: [email protected] M: 07711 308 500

Contact Details

AviemoreRetail Park