SCOTT WRIGHT

AN Ayrshire estate spanning 118 acres of countryside has been placed on the market with a price-tag of offers over £1.25 million.

Auchincruive, which for the last 85 years has been home to a campus for the West of Scotland College of Agriculture and SRUC, is located three within three miles of Ayr.

Property agent Galbraith, which is marketing the property, said planning consent was granted to the estate in 2012 for up to 495 houses, a hotel, golf course, business premises and an equestrian centre. While parts of the estate were subsequently sold, it notes that remains a “substantial leasing and development opportunity”. It adds there is also potential to develop a new community, scientific or educational establishment within the grounds.

Galbraith notes that there are around 122,500 square feet of buildings in total on the estate, some let and generating rental income, others suitable for sale or redevelopment. There are also 16 houses and cottages.