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Newbold Road, Rugby, CV21 2NZ
1.48 acres / Land / Residential
Withdrawn - Last updated: 05 February 2024
Newbold Road is an exciting 1.48 acre development opportunity located on the “Gateway” of the Rugby town centre. It consists of 98 studio, one & two bedroom apartments, car parking, cycle storage and private amenity space.
Cushman & Wakefield is instructed to source a forward funding partner for the Newbold Road Site on the basis of;
• Forward funding 98 private apartments with a potential additional 20 private apartments
• 23 Studios 23 1beds 52 2beds
• 53,584sqft NIA 67,520sqft GIA
• Full planning permission granted on 19th December 2018.
• The investor can acquire 100% interest of the land on day one with Harcourt Rugby delivering a scheme subject to an agreed specification.
Location
The development sits in a prominent position adjoining one of the main arteries that provides access to Rugby town centre.
The site is in a convenient location within 5 minutes’ walk of Rugby town centre and 10 minutes’ walk of Rugby train station.
The site is also located within a short walking distance of the newly renovated and expanded Elliot’s Field retail centre which offers a wide range of services including shops, restaurants, cinema and a gym.Specification
Amenities
- Newbold Road is an exciting development opportunity located on the “Gateway” of the town centre
- 98 studio, one and two bedroom apartments, car parking, cycle storage and private amenity space
- Full planning permission granted for a part 3, 4 and 5 storey building
- The development sits in a prominent position adjoining one of the main arteries that provides access to Rugby Town Centre
- Business growth in Rugby is well above the national average, spurred on by a local tradition of innovation
- The town is well connected and cosmopolitan
- The investor can acquire 100% interest of the land on day one with Harcourt Rugby delivering a scheme subject to an agreed specification
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