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Rugby, Newbold Road

Location: West Midlands. Category: Distribution and Industrial Parks Region: Midlands

Aerial

Description:

A 44 acre industrial complex, comprising 700,000sq. ft of buildings in a predominantly residential area of Rugby town centre.

Date Acquired:

2002, as part of Alstom portfolio

Current Status:

Let until 2012 to Alstom as part of a sale and leaseback portfolio transaction. Non-operational part of the site to be used for relocation of Boughton Rd & Mill Road tenants as development scheme proceeds.

Our Vision:

Mixed use development including some residential.

Ownership:

Key Property Investments (50% JV with Salhia Real Estate Company). Freehold, subject to overage payable to Alstom.