Substantial office of approx. 932.80 sq m (10,041 sq ft)
Entirely let to Morris Homes (Midlands) Ltd with Guarantee from Morris Homes Ltd until 2028
Includes car parking for approximately 50 vehicles
Tenant in occupation since 2013
Prime business location within Central Park
Nearby occupiers include DHL, H&M Distribution Centre, SEGRO Logistics, Evri Distribution Centre, Amazon and Aldi
Lot 20
Auction 16th July 2026
Rent £123,050 per Annum Exclusive
Status Available
Guide* £850,000
Sector Office
Auction Venue Live Streamed Auction
On Behalf of a Major Fund
Property Information
Location
Miles
11 miles east of Coventry, 18 miles north-west of Northampton, 30 miles south-east of Birmingham
Roads
M6 (Junction 1), M1 (Junction 19), M45, A5
Rail
Rugby Railway Station
Air
Coventry Airport, Birmingham Airport
Situation
The property is prominently situated on Davy Court in Central Park, one of the Midlands' prime distribution, industrial and business estates within Rugby. The property also benefits from excellent communication links via Junction 1 of the M6. Nearby occupiers include DHL, H&M Distribution Centre, SEGRO Logistics, Evri Distribution Centre, Amazon and Aldi.
Tenure
Freehold.
Location
Miles
11 miles east of Coventry, 18 miles north-west of Northampton, 30 miles south-east of Birmingham
Roads
M6 (Junction 1), M1 (Junction 19), M45, A5
Rail
Rugby Railway Station
Air
Coventry Airport, Birmingham Airport
Situation
The property is prominently situated on Davy Court in Central Park, one of the Midlands' prime distribution, industrial and business estates within Rugby. The property also benefits from excellent communication links via Junction 1 of the M6. Nearby occupiers include DHL, H&M Distribution Centre, SEGRO Logistics, Evri Distribution Centre, Amazon and Aldi.
Tenure
Freehold.
Description
The property comprises an office arranged over ground, first and second floors with the right to park approximately 50 cars.
VAT
VAT is applicable to this lot.
EPC
Band C.
Description
The property comprises an office arranged over ground, first and second floors with the right to park approximately 50 cars.
VAT
VAT is applicable to this lot.
EPC
Band C.
Tenancy & Accommodation
Floor
Use
Floor Areas Approx sq m (1)
Floor Areas Approx sq ft (1)
Tenant
Term
Rent p.a.x.
Ground First Second
Office Office Office
312.60 310.10 310.10
(3,365) (3,338) (3,338)
MORRIS HOMES (MIDLANDS) LTD guaranteed by MORRIS HOMES LTD (2)
5 years from 01/08/2023
£123,050
Total
932.80
(10,041)
£123,050
(1) The floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk). (2) Morris Homes Limited is one of the UK's largest privately-owned housebuilders and have been operating for over 60 years. The company operate across the North West, Midlands and East of England (https://www.morrishomes.co.uk/).
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
