Redevelopment Opportunity, Globe House & Iceni, Warwick Technology Park Gall, Warwick, CV34 6DA

Description

The site presents a promising opportunity for redevelopment, benefitting from its sustainable urban location within Warwick Technology Park and strong connectivity to local transport networks.

The site's current vacancy opens the door to a range of potential uses, including residential, logistics, and industrial, all supported by planning policy subject to appropriate considerations.

The Council's inability to demonstrate a five-year supply of housing triggers the presumption in favour of sustainable a five-year supply of housing triggers the presumption in favour of sustainable development, thus tilting the balance in favour of approving residential development.

Warwickshire County Council (WCC) itself has received planning approval for a small business unit scheme adjacent, under planning ref. W/24/168, the development of up to 4,388 sq m (gross) of small business units as part of a wider masterplan with Warwick District Council. See data room for further info.

Location

Warwick Technology Park is prominently situated on the northern side of Gallows Hill, which runs between Warwick to the west and Royal Leamington Spa to the east.

The park is within 3km (2 miles) of both junctions 13 and 14 of the M40 Motorway.

Warwick Technology Park is the premier office park in the area comprising an attractive landscaped office campus of 11 office buildings around a central estate road.

The park has attracted a number of multi-national occupiers including National Grid, Midcounties Co-Op, Baker Hicks and Wolseley.

Warwick benefits from comprehensive rail connections, with services available via Warwick, Warwick Parkway and Leamington Spa.

Warwick Railway Station, 1.2 km (0.75 miles) north west of the park, offers direct rail services to
London Marylebone, Birmingham Snow Hill and Stratford-upon-Avon.

Warwick Parkway Railway Station, located 3km (2 miles) west of the park, provides direct access to London Marylebone with a journey time of 1 hour and 20 minutes, whilst Leamington Spa railway station is situated 2.5 km (1.5 miles) north east of the property provides additional services to Birmingham, Coventry and Reading.

Key Features

Industrial / Warehouse / Residential uses
Within 2 miles of J13 and 14 of M40
0.75 miles to Warwick Railway Station
1.5 miles to Leamington Spa Railway Station
Freehold
Sold with vacant possession

EPC Rating

Available via the Data Room.

Tenure

The property is offered for sale by way of an informal tender process further information is available from the agents.