Land at Newbold Rd Terrain 0,6 ha À vendre 2 566 346 € Rugby CV21 2NZ

Offers in the order of £2.2m invited for the freehold interest.
The development of a part-3, part-4 and part-5 storey building comprising 98 apartments and the provision of 61 car parking spaces with associated communal services and landscaping. A s73 application was approved in 2020 (R19/0902) to amend the approved plans in respect of the consent. An extension of the approved 2018 scheme from 98 apartments to 122 apartments including the provision of 73 car parking spaces was granted in 2020 (R19/1496). Planning permission was granted for: “The extension of the approved scheme at 117 Newbold Road, Rugby from 98 apartments to 122 apartments including the provision of 73 parking spaces, secure cycle and refuse storage and new planting and landscaping”. Additional basement storage was added in 2023 (R23/0357), and later that year Condition 12 pertaining to the Construction Management Plan in respect of R19/1496 was discharged. There are various additional planning conditions which will need to be discharged. The planning consent is subject to a s106 agreement, which requires an indexed payment of a Sustainable Travel Packs Contribution of £7,350 to be paid to the Council prior to the commencement of development, and a TRO Contribution and TRO Extension Contribution of £3,000 each payable prior to the commencement of development and prior to first occupation respectively. We understand there is no requirement for affordable housing and no CIL is chargeable on the proposed scheme.