Description.
The property is strategically located on the north west side of
the A735 Queens Drive which links Kilmarnock Town Centre to
the A77 providing direct access to Glasgow. The site is situated
with the towns prominent retail warehouse cluster approximately
1 mile south of the town centre. Notable surrounding occupiers
include ASDA superstore, B&Q, B&M ScS, Smyths Toys, KFC, Burger
King, Pets at Home and The Range. The Cinema is the only offer in
Kilmarnock and therefore dominates the local catchment of circa
660,000 people. The nearest Cinemas are in Saltcoats and Ayr,
both circa 15 miles (24km) from the subject property.
The investment comprises a prominent and
well located site on Queens Drive, the premier
leisure and retail warehouse location in
Kilmarnock. The property is let as a purpose
built cinema and separate restaurant pod.
The cinema is let to Odeon who have
occupied since 1998 and provides 8 RealD
3D Dolby Digital Sound Screens with
capacity for 1532 seats. The screens are
accessed via a large customer foyer, with
the usual amenities including a Costa Coffee
concession.
A complimentary, detached restaurant pod,
which has recently been let to Viva Italia, lies
adjacent. The tenant is onsite, fitting out the
unit and is due to open in Q4 2022.
Both tenants benefit from an extensive,
designated car park which has capacity for
circa 250 spaces.