The Elite Ayrshire Business Circle

The Elite Ayrshire Business Circle

Saturday, 18 January 2014

Magnificent Ayrshire manor house to rent from CKD Galbraith

A magnificent Grade C listed country house located in Mauchline, East Ayrshire, Scotland, has just been placed onto the lettings market through leading Scottish property consultants CKD Galbraith.


Kingencleugh House which boasts private grounds extending to 3.87 acres, offers flexible accommodation, including eight bedrooms and five reception rooms, and presents a fantastic opportunity to live in a spectacular listed building at a fraction of the price. 

This magnificent manor house was erected around 1765 and later rebuilt to plans by Scottish architect, Mervyn Noad as a dower house to Ballochmyle in 1957. To this day the family crest, an elephant, is displayed above the property’s front door.  


The property would be ideal as a family home, having recently been refurbished to a very high standard. The house is entered through a set of wooden double doors, this leads to the spacious porch with flagstone floor. After arriving in the entrance hallway with attractive polished wooden flooring you can then explore the lounge, newly fitted kitchen and dining room connected to the kitchen by a traditional hatch and boasting an open fireplace. Additional public rooms include a sitting room, further reception room and utility room. 

Located on the Ballochmyle Estate, on the outskirts of the quiet village of Mauchline, Kingencleugh House is surrounded by beautiful countryside and delightful gardens. It was this area that Scotland's National Poet, Robert Burns came to live, on the outskirts of Mauchline at Mossgiel farm in 1784. Many of his poems are believed to have been inspired by the picturesque countryside and written whilst he lived in Mauchline, notably The Holy Fair, To a Mouse, and Holy Willie's Prayer.


Joanna Graham, handling the let of the property for CKD Galbraith, said: “Kingencleugh presents a fantastic opportunity to rent a truly unique Grade C listed house offering modern day living in a spectacular rural setting and steeped in Scottish history.    

“This property would be the ideal home for a large family looking for something spacious and impressive but also with the benefits of flexibility and the value for money that renting such a historic building allows for.” 

East Ayrshire’s rich countryside offers a wealth of opportunity for leisure activities, from walking the tranquil moorlands to exploring Dean Castle Country Park. For the golfing enthusiast there are several world class facilities within a short drive of the Estate. 

Mauchline village itself offers a range of local amenities including several shops, school, post office and bank. The A76 gives direct access to Kilmarnock and Glasgow Prestwick airport is a mere 13 miles away. 

Kingencleugh House is available for rent at £1,700 PCM.

About CKD Galbraith 

CKD Galbraith is an independent property consultancy employing 250 staff in 14 offices across Scotland including Edinburgh, Stirling, Perth, Cupar, Inverness, Aberfeldy, Castle Douglas, Ayr, Elgin, Galashiels, Kelso, Peebles, Alyth and Aberdeen, offering local knowledge, national expertise and enjoying an international presence. 

The firm is Scotland’s largest and leading rural consultancy managing in excess of 1 million acres of land across the country.

CKD Galbraith provides the full range of property consulting services across the residential, commercial, rural and renewable energy sectors throughout Scotland. The partnership also enjoys a successful relationship with its associate firm in London, CKD Kennedy Macpherson.

To find out more about CKD Galbraith visit www.ckdgalbraith.co.uk

CKD Galbraith’s Ayr Office is a Founder Member of the Elite Ayrshire Business Circle.


Thursday, 16 January 2014

Visitors flocking to Scotland

Visits and expenditure up

Between October 2012 and September 2013 there was a rise in both visitor numbers and spending, according to the figures released by the Office for National Statistics (ONS).


The number of domestic and overseas tourists coming to Scotland was two per cent higher than the previous year with spending by visitors up by four per cent over this period.

The strong growth in the domestic market was fuelled by a rise in visitors to rural areas such as the Highlands and South of Scotland, which reflects the success of the Year of Natural.

Expenditure in Scotland from North American visitors showed a 12% increase and a 17% increase from the rest of the world excluding North America and Europe.

Tourism Minister Fergus Ewing said: “These encouraging figures come on the back of a strong summer that has helped our tourism industry enjoy continued growth.

“VisitScotland’s confidence to continue investing in European markets has proved successful as have the agency’s tourism drive in North America and the Far East.

“The rises in expenditure suggest that Scotland is thought of as a destination offering quality experiences and visitors are prepared to spend their money in our hotels, tourism attractions and restaurants as a result.

“New air routes such as Virgin Little Red routes into Edinburgh and new route from Air Canada Rouge will open up our country to more visitors. 

“Scotland offers a world class tourism experience. This is why the Lonely Planet’s Best in Travel 2014 has named Scotland as the third best country to visit in 2014 and CNN also included Edinburgh in its list of ‘Ten Best Cities for a Winter Vacation’.

“We are well placed to make the most of that demand as we welcome the world this year to Homecoming 2014, as well as take to the global stage as host to two of the biggest sporting events in the world – the 2014 Glasgow Commonwealth Games and the Ryder Cup.

“The MTV Europe Music Awards will also showcase Glasgow and Scotland to nearly 700 million households through MTV’s global network of channels.”


Wednesday, 15 January 2014

Number of homes coming onto the Scottish market begins to increase

RICS UK Residential Market Survey, December 2013 

The number of homes coming onto the market in Scotland increased last month as the recovery in the nation’s property sector continued, says December’s RICS Residential Market Survey.


During December, a net balance of 44 percent more chartered surveyors reported an increase in new instructions, the highest in the UK. This is welcome news as demand continued to grow, with a net balance of 55 percent more respondents reporting a rise in new buyer enquiries in Scotland. 

Despite the increase of homes coming onto the market, it is still not enough to meet the higher level of demand and as a result prices continued to rise across the country, according to a net balance of 54 percent more Scottish respondents. Significantly, every area of the UK saw prices increase with London and the South East experiencing the biggest jumps.

As the market begins to recover, respondents noted the importance of the Home Report, which provides essential information on the condition, valuation and EPC rating of a property. 71 percent of respondents said that their clients viewed the home report as a valuable tool in the house buying and selling process. With more sales now being finalised, growth in demand for rented accommodation has begun to slow significantly, as more renters opt to enter the sales market. Respondents noted that increased confidence is a key driver behind growing activity.

Sarah Speirs, Director RICS Scotland, commented: “Although the number of houses on the market falls short of demand, the increase reported is certainly a step in the right direction. Growing availability of affordable mortgages has released some pent-up demand from a market that, in recent years, has seen many viable buyers unable to enter the market. On the face of it, this seems like good news but unless we see a marked increase in the number of homes coming up for sale we could well be looking at a price rises becoming unsustainable in some areas. This is a central issue which will be addressed by the Scottish Housing Commission Report, published in April 2014.”

Perhaps unsurprisingly, given the more positive tone to the market, expectations for 2014 are decidedly upbeat. Respondents predict that both sales and price numbers will continue to increase through the course of this year. This is largely being driven by easing in credit conditions, resulting in higher loan to value mortgages, and the ongoing imbalance between supply and demand.

Kevin J MacDonald MRICS, Graham + Sibbald, Inverness, commented: “The market in 2013 ended on a promising note in the lead up to Christmas. Early signs are that 2014 has begun in a similar vein with activity from buyers enticing sellers to bring new properties to the market.”


Economic recovery continues to strengthen

Scottish economy grows by 0.7 per cent in 2013 Q3

Scotland’s economy continues to strengthen according to Gross Domestic Product figures published today. Quarter three figures record strong performance in construction, services and manufacturing.


Today’s National Statistics estimates published by the Scottish Government show the economy growing over six consecutive quarters with an acceleration in the rate of growth over this period.

The period July to September, total output in the economy grew by 0.7 per cent. On an annual basis, GDP grew by 2.1 per cent compared to the same quarter in 2012.

Over the quarter, both the services and construction sector grew by 0.7 per cent whilst the production sector grew by 0.6 per cent. And over the year, services grew by 1.8 per cent, construction by 2.8 per cent and production by 3.0 per cent. 

Finance Secretary John Swinney said: “Today’s statistics show further strengthening in Scotland’s economy with the recovery accelerating, even against a backdrop of continuing economic challenges. 

“Growth in Scotland’s economy has increased and strengthened over the last eighteen months and this Scottish Government will continue to support growth in key areas to boost Scotland’s success.

“It is positive to see that progress has been made in our three major sectors with construction, production and services industries all posting growth. The increase in continued growth in these sectors ensures that we can continue to help build sustainable economic growth for Scotland which will strengthen our economy and create jobs.

“Today’s strong growth figures follow recent labour market statistics which show that Scotland is outperforming the UK as a whole on unemployment and employment rates. 2013 has seen improvements in both output and the labour market. Latest data show that Scotland has a higher employment, lower unemployment and lower inactivity rates than England, Wales or Northern Ireland.

“The emerging picture from recent business surveys also support our confidence in the recovery. 

“There will be no let-up in the Scottish Government’s commitment to securing economic growth. While Eurozone conditions remain challenging for Scotland’s exports we continue to work closely with Scottish Development International, Scottish Enterprise and Highlands and Islands Enterprise to support companies to expand and reach out to new and emerging markets.

“As ‘Scotland’s Future’ outlines, it is only with the full powers of independence that we can build a wealthier, fairer and economically sustainable Scotland ensuring that everyone benefits from our natural wealth and talent.”


Monday, 13 January 2014

It’s ten wins in a row for super Ayr Racecourse

By: Iain Ferguson

AYR Racecourse has been voted the Best Racecourse in Scotland and the North East for 2013 by the Racegoers’ Club.


It is the tenth successive year that the track has been awarded the prestigious accolade which is voted on by a 4,500 strong membership, and other winners for 2013 include York, Chester, Cheltenham and Ascot.

Ayr has now won the award an astonishing 20 times in all and the course’s Sales and Marketing Manager Lindsey Smith said: “It is a great honour to be once again the recipient of this award. When one considers the competition we have from other tracks in our region it makes this a particularly pleasing accolade.

“Those who vote are all regular racegoers so for them to take the time and choose Ayr proves we must be getting things right. We are all delighted.”

To find out more about racing at Ayr you can visit www.ayr-racecourse.co.uk or call 01292 264179.

For further information please contact Iain Ferguson on 01292 294972 or 07795 565691.

Ayr Racecourse and the associated Western House Hotel are Founder Members of the Elite Ayrshire Business Circle.


Sunday, 12 January 2014

Ewing: “Scotland can emulate Norway’s energy success with independence”

It is only with the full powers of independence that Scotland’s energy potential can be released, Energy Minister Fergus Ewing said last week in advance of a two day visit to Norway. He will meet with a number of energy companies including Statoil and Apply and give a major speech at the Recharge Holmenkollen 2014 Thought Leaders Summit.


In his speech Mr Ewing will also outline that Scotland and Norway can play a key role in Europe’s increasingly integrated energy market, building on the two nations’ established expertise in both renewables and oil and gas.

Scotland, like Norway is a country blessed with staggering energy resources – huge wealth in oil and gas, and astounding potential for renewable energy - we have a quarter of Europe’s tidal and offshore wind capacity and a tenth of its wave power.

Scotland is pursuing a target of the equivalent of 100 per cent of Scotland’s electricity needs to be met from renewables by 2020, while maintaining the country’s long-standing position as a net exporter of electricity. Last year renewables met a record-breaking 40.3 per cent of gross electricity consumption, confirming that Scotland is on track to meet its interim target of 50 per cent by 2015. 

Mr Ewing said: “Norway is a great example of how, by using the powers of independence, it has not only developed a very strong energy sector, but via its oil fund has used its energy wealth to benefit the whole country.

“As set out in Scotland’s Future, Norway provides an excellent example of how a country can effectively manage its oil and gas revenues. They established their oil fund in 1990, the first net investment was modest and not made until 1996. The fund is now the largest sovereign wealth fund in the world, worth around £470 billion. This is something we can strive towards in an independent Scotland. 

“Building on our hydro heritage and offshore energy engineering expertise gained from North Sea oil and gas, our nations are clearly both well-placed to make a huge contribution to Europe’s green energy ambitions. 

“Norway and Scotland have been blessed with a wealth of natural resources and the development of energy sector in the two countries has many parallels, with the exchange of ideas and technology taking place over the last century. 

“Dam design and technology developed by Scots in the early 20th century were adopted for use in Norwegian schemes, while the growth of Norway’s nationalised hydro industry for public supply provided a model for the North of Scotland Hydro-Electric Board that was created in 1943.

“Also, the development of offshore oil and gas in the North Sea over the last 40 years has led to extensive ties between the sector in Scotland and Norway, and the successful collaboration between Global Project Services and many of Norway’s leading companies epitomises the benefits of these connections.

“This visit will take forward that spirit of co-operation between our nations, but also highlight the huge benefits to Scotland from securing the powers of independence.”

Scottish Development International opened an office in Stavanger in 2012 to build on the existing links between Scotland and Norway and develop new trade and investment opportunities between the two countries.

Anne MacColl, Chief Executive of Scottish Development International, who is accompanying Mr Ewing on the visit, said: “Scotland and Norway have strong historical links, which have been cemented by shared expertise and success in areas such as oil and gas and renewables, as well as the seafood industry. 

“As a significant investor into our salmon industry and our third largest market for oil and gas exports, purchasing over £350m of Scottish equipment and services annually, Norway continues to be a vitally important partner for Scotland. This visit will play a critical role in ensuring we fully exploit this potential, and position Scotland firmly as an ideal place with which to do business.”