Land on the West Side of Newbold Road, Rugby, Warwickshire, CV21

The Site

A vacant and substantively cleared brownfield freehold development site of approximately 1.48 acres.

The site is broadly rectangular in shape with vehicular access off Newbold Road. The site is elevated above Newbold Road and Wood Street supported by a retaining brick wall. The site is treelined to Wood Street.

There are two vacant brick-built buildings to the southern boundary and a disused bituminous and concrete surfaced car park.

The site has full planning consent for the development of a part-3, part-4, part-5 storey building comprising 122 apartments and 73 car parking spaces with associated communal services and landscaping.

Location

Located on the corner of Wood Street and the A426 Newbold Road less than 1 mile north of Rugby town centre. Newbold Road is the main arterial route through Rugby linking J1 of the M6 to the north, with J11 of the M40 via Banbury to the south.

Rugby Train Station is less than a 15 minute walk from the property and provides regular and direct services to Birmingham New Street, Birmingham International, London Euston, Manchester Piccadilly, and Edinburgh.

Junction One Shopping Park and Elliott's Field Retail Park are less than 1 mile to the north east and are occupied by various major retailers, food store, and leisure operators.

Within walking distance of various Ofsted rated 'Outstanding' and 'Good' primary and secondary schools including Lawrence Sheriff School.

Caldecote Park and Play Area is a couple of minutes walk and contains two new play areas, a multi-use sports area, and café.

Situated within an established and popular residential area with increasing demand from first time buyers and young professionals.