CV21 Land on the West Side of Newbold Road, Rugby

The property comprises a vacant and substantively cleared brownfield freehold development site of approx. 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 property has full planning consent for the development of a part3, part-4, part-5 storey building comprising 122 apartments and 73 car parking spaces with associated communal services and landscaping.

Prominent freehold residential development opportunity.

Full planning permission for development of 122 apartments with car parking.

Located less than 1 mile from Rugby Town Centre.

Less than 15 minute walk from Rugby Railway Station and Junction One Shopping Park.

In close proximity to various Ofsted rated 'Outstanding' and 'Good' Primary and Secondary Schools.

Excellent public transportation links and connectivity.

Offers invited in the order of £1.8m.

The property is 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.