Freehold for sale - Realla

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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