Freehold for sale
Webb Ellis Office Park Woodside Park, Rugby CV21 2NP
32,500 sq offices on 2.33 acre site for development, occupa on or refurbishment WEBB ELLIS OFFICE PARK • RUGBY • CV21 2NP
We are pleased to offer this development/refurbishment opportunity in Central Rugby This may be of interest to developers, investors and office owner occupiers. Loca on Webb Ellis Office Park is located on Woodside Park, close to the junc on with Wood Street. It is located in an area of mixed residen al and commercial uses. Industrial, office and residen al proper es adjoin the site, as does the West Coast main railway line. Rugby Sta on (trains to London Euston – quickest trains under an hour) is a short walk away.
M1
M6 Webb Ellis Office Park Rugby CV21 2NP
A426
A5 Rug
by S
A426
tatio
n
M1
Rugby A4071
A428
A45
M45
A5
Tenancies Our client owns the freehold interest in the estate. The site is currently laid out as a modern office park with 13 office units arranged in four blocks. The site provides 213 car parking spaces. The majority of office suites are vacant and the remainder on short terms leases as described in the tenancy schedule. Planning/Alterna ve Uses The site is predominantly used for B1 office use. The site may be suitable for development subject to planning consent. Alterna ve uses may include residen al, industrial/ warehousing or a care home. Permi ed Development Rights (to convert to residen al) have been established for units 11, 12 and 13. Unit 3 Please note that Unit 3 is not in the ownership of our client and this unit, along with it's 16 car parking spaces is not included in the proposed sale. We understand that the owners of Unit 3 are looking to sell and that the unit is currently unoccupied. Energy Performance Cer ficates (EPCs) The Energy Asset Ra ngs for each unit is as follows (full copies of the EPCs are available on request): Unit 1 Unit 2 Unit 4 Unit 5
tbc tbc C(71) C(70)
Unit 6 Unit 7 Unit 8 Unit 9
C(68) C(61) D(77) C(67)
Unit 10 Unit 11 Unit 12 Unit 13
D(77) C(53) D(86) (D(88)
3
Price Guide We are looking for uncondi onal offers in excess of £1.1m for the freehold interest in this property. Condi onal offers may be considered. The property is elected for VAT.
The above plan is for indicative purposes only - not to be relied upon.
Webb Ellis Office Park Rugby CV21 2NP
Unit
Tenant
Lease Terms From
Term To
Unexpired Term Break
Unexpired Term Lease Expiry
Lease Type
Review Pa ern
Area Sq Ft
1&2
Vacant
0.00
0.00
0.00
4,453
4
Vacant
0.00
0.00
0.00
3,260
5
Vacant
0.00
0.00
0.00
2,628
6&7
Vacant
0.00
0.00
0.00
5,877
8 & 9 1st Flr Suites
Clifford Towers (Accountants) Ltd
0.74
0.74
30/09/2009
29/09/2015
6.00
IRI
3
1,660
Current Rent £PA
Next Break Date
No ce Period
13,280
Comments
S/C Cap of £2,624.87. Inside Act. 10 car parking spaces demised.
8 - Grd
Vacant
0.00
0.00
0.00
712
8 - 2nd
Vcare Savers Club Ltd
19/03/2014
18/03/2016
2.00
0.21
1.21
770
3,850
19/03/2015
3 mths
Stepped rent 19/03/15 to £6,160. Mutual B/O 19/03/15, 3 months no ce. Outside Act. 4 car parking spaces demised.
9 - Grd
Fresolute Ltd
30/10/2014
29/10/2019
5.00
0.33
4.83
FRI
890
8,900
30/04/2015
6 mths
Mutual B/O any me. 6 months no ce. £2,225 deposit held. Outside Act. 6 car parking spaces demised.
9 - 2nd
Accelerated Produc on Systems Ltd
31/10/2012
30/10/2015
3.00
0.83
0.83
IRI
949
8,900
10
Mayday Trust
14/01/2013
13/01/2016
3.00
1.03
1.03
FRI
2,397
23,970
11
Vacant
0.00
000
0.00
3,641
12 & 13
Vacant
0.00
0.00
0.00
5,250
Totals
32,487
Inside Act. 6 car parking spaces demised. Car parking licence for 6 addi onal spaces. 6 mths
Landlord rolling break any me on 6 months no ce. Outside Act.18 car parking spaces demised.
58,900
Webb Ellis Office Park Rugby CV21 2NP
St Albans House 57/59 Haymarket London SW1Y 4QX 020 7629 1533 www.astonrose.co.uk
For further informa on please contact:Tim Richards
[email protected] 020 7629 1533
Sammy Conway
[email protected] 020 7629 1533
MISREPRESENTATION ACT These particulars are believed to be correct and, where practicable, reasonable steps have been taken to ensure their accuracy, however this cannot be guaranteed. They do not form part of any offer or other contract. The owner of this property does not make or give, representations or warranties in relation to this property. Aston Rose (West End) Limited and its employees do not accept any responsibility for information supplied to them by the owner or any third party. Any intending purchaser or lessee must satisfy itself by inspection or otherwise as to the correctness of the particulars. All measurements are approximate. The plans in these particulars are published for convenience of identification only, and although believed to be correct, their accuracy is not guaranteed and do not form part of any contract.
WEBB ELLIS OFFICE PARK • RUGBY • CV21 2NP FEBRUARY 2015