£750,000

Regent Street, Rugby, CV21

6171 sq ft

£750,000

Regent Street, Rugby, CV21

6171 sq ft

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Imposing Victorian Architecture with distinctive red brick and sandstone construction

Spectacular Corner Position featuring a 21.26m curved, principally glazed frontage

Substantial Space totalling 6,171 sq. ft (573.29 sq.m) Net Internal Area

Planning Permission Granted for six residential apartments across the upper floors

Versatile Ground Floor Retail Unit (1,837 sq.ft / 170.67 sq.m)

Prime Town Centre Location with exceptional visibility and footfall

Multiple Revenue Streams potential for astute investors

Exceptional Transport Links including under 50-minute direct trains to London Euston

Flexible E-Class Usage allowing for retail, financial services, café, restaurant, office, medical, or fitness studio without change of use application

Highly visible corner unit with excellent footfall. Flexible Class E ground floor space and planning granted for 6 flats. Great opportunity for owner-occupiers, investors or mixed-use developers.

A Prime Position in a Thriving town
Lennards Chambers occupies what is arguably Rugby Town Centre’s most coveted commercial position. This prominent corner site benefits from exceptional visibility, consistent footfall, and proximity to key local establishments including St. Andrew’s Church, Lloyds Bank, and an array of national retailers.

The vibrant town centre features an appealing mix of independent boutiques, established chain stores, and popular eateries, creating a dynamic commercial environment. The property sits at the heart of Rugby’s retail district, benefiting from passing trade throughout the week and particularly during the busy weekend periods when the town centre sees its
highest visitor numbers.

Superb Connectivity
Rugby Train Station lies just a short stroll away, offering direct connections to London Euston in under 50 minutes, alongside regular services to Birmingham and beyond. This exceptional rail connectivity makes the location increasingly attractive to commuters seeking more affordable living options outside the capital while maintaining convenient access to London.

Rugby’s strategic location—just 35 miles east of Birmingham and 15 miles from Coventry—provides excellent access to the M6, M1, M45, and M40 motorway network. This central position within the UK’s celebrated logistics golden triangle continues to drive commercial interest and residential demand, making this an exceptionally well-connected investment opportunity.

For visitors arriving by car, convenient parking options include the nearby ASDA car park and on-street parking facilities within the immediate vicinity.

The flexibility of the building allows for alternative commercial applications across all levels, subject to planning consent.
Potential alternative uses could include:
• Professional services offices
• Medical or dental practices
• Educational facilities
• Fitness studio or wellness centre
• Art gallery or creative space
• Hospitality venue
• Coffee shop, café or restaurant

Investment Rationale
Rugby blends rich heritage—as the birthplace of rugby football at the nearby Rugby School—with modern economic vitality. The town’s population of 78,117 (2021 census) continues to grow, supported by excellent educational institutions and strong transport infrastructure.

A Town on the Rise
Rugby, located approximately 30 miles east-southeast of Birmingham and 11.5 miles east of Coventry, has been experiencing notable growth and development. The town’s population increased from 70,628 in 2011 to 78,125 in 2021, reflecting a 10.6% rise over the decade.

This upward trend underscores Rugby’s appeal as both a residential and commercial hub.

The broader Borough of Rugby has also seen significant growth, with its population rising by 14.3% between 2011 and 2021, reaching 114,400.

This positions Rugby as one of the fastest-growing areas in the West Midlands region.

Multiple Investment Strategies:

Retail Investment
• Capitalise on the premium ground floor commercial space
• Benefit from high visibility and footfall in a core retail location
• Potential for strong rental yields from established or growing businesses
Residential Development
• Execute the approved apartment conversion scheme
• Tap into strong local rental demand from professionals and commuters
• Create six individual income streams from a single freehold asset
Mixed-Use Opportunity
• Combine commercial and residential elements for diversified income
• Maximise the building’s potential through complementary usage
• Enhance overall yield through multiple tenancies Owner-Occupier
• Establish a flagship business location with outstanding visibility
• Generate additional income from upper floor residential conversion
• Build equity through both business operation and property ownership

Location

More Information

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Room Descriptions

Ground Floor

The impressive ground floor retail space showcases the building’s Victorian character with its magnificent timber window frames and expansive glass displays. The generous ceiling height enhances the sense of space and allows for creative merchandising and display arrangements. Modern amenities including air conditioning, LED spotlights, wood-effect flooring, and kitchen facilities create a versatile commercial environment suitable for diverse business types. The extensive window frontage provides exceptional natural light and offers outstanding visibility for product displays or business branding

Basement Level

The basement level offers additional practical space with carpeted flooring, gas radiators, LED lighting, ample power points, and WC facilities. This area provides valuable storage capacity, staff facilities, or potential expansion space for the ground floor business operations.

Upper Floors

Planning permission has been secured for a lucrative residential conversion comprising: First Floor: Three spacious one-bedroom apartments Second Floor: Two spacious one-bedroom apartments and one studio flat Each proposed apartment has been thoughtfully designed to maximise the building’s period features while creating contemporary living spaces that would appeal to today’s rental market. Large windows throughout ensure excellent natural light, while the central location provides future residents with immediate access to all town centre amenities

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