Tuesday, 9 July 2019
30 High Street, Rugby has been home to some iconic brands over the decades, with the stories of the High Street giants in its back catalogue! Once home to the 1980s High Street stalwart, Woolworths, the store first opened its doors on Rugby’s main retail area in 1922. It had a major investment refurbishment in 1969 but sadly closed its doors with the rest of the chain’s 807 stores in December 2008. The mammoth retail outlet, which, including the office areas above, spreads across four floors, reopened as the 99p Store, until a Poundland takeover in February 2016. The upper floors of the building are now available for sale as a development opportunity.
Howkins & Harrison Commercial team have been awarded the contract to sell the upper floors of the building on behalf of a major public liability property company. The building at 30 High Street in the centre of Rugby will be offered for sale for development into 22 residential units. Planning consent for the redevelopment project of the top three floors of the building will be forthcoming in due course, for the 22 residential units of 1- or 2-bedroom flats.
With residential units for first time
buyers in high demand in the town centre, the development of this property is a
shrewd investment for a developer, with an active market awaiting the
completion of the project.
Nigel Underwood, Commercial Manager at
Howkins and Harrison Head Office at Albert Street in Rugby comments: “We have
been working with this client for some time driving towards the planning
application and preparing the premises for sale, I am delighted that they have
entrusted the sale of the development opportunity to us. Selling the upper
floors of this iconic town centre building will lead to a landmark development
project, turning the disused office space into exciting, central, modern
accommodation. The full architect’s drawings for the scheme are available to
view. We are looking forward to watching this development take shape.”
The three upper floors of 30 High
Street are marketed at offers in excess of £700,000. All offers are considered
subject to planning permission.
Further information on the building,
the proposed planning consent, to review the architect’s drawings and to
arrange a viewing can be gained by calling the Howkins & Harrison
commercial team, Nigel Underwood and David Grove on 01788 564678.
Howkins & Harrison have been
supporting homeowners, landowners and landlords since 1888. We offer total
property, land and estate services to residential, commercial and rural
If you’re looking to buy, sell, let, rent, auction, extend,
finance or develop your home, land or rural business, our experienced team are
here to help.
We have 7 High Street offices covering
the areas of Rugby, Northampton, Lutterworth, Daventry, Atherstone, Ashby de la Zouch, and Towcester. We also have an office
in Henley In Arden and a London
office, both allowing us to work
closely with commuters and investors.
Our experienced team of estate agents,
lettings agents, surveyors, planners, valuers and auctioneers will help you
achieve your property, land and business ambitions.