No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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0 bed
0 bath

Key information

Tenure: Ask agent
Council tax: Ask agent
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
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Property description & features

  • By order of Severn Trent Water
  • Freehold high level water tower on a site overlooking open countryside
  • Edge of town location with new development close by
  • 0.40 hectares (0.99 acres)
  • Income from communication aerials producing approximately £31,671.51 per annum
  • This Lot will not be sold prior to auction
  • Online Auction on Thursday, 23 November 2023

The property is believed to have been constructed in 1934 and is situated within open fields and approached off Ashlawn Road.  It comprises a circular reinforced concrete cyclindrical core upon which sits a large drum shaped water container in two sections.

The central core contains an access staircase with door at ground level, and there is a ring of 12 reinforced concrete columns set around the edge supporting the drum. Notes indicate that the drum capacity is circa 500,000 gallons.

On the top of the tower are a number of telecommucation masts.

The tower sits within a fenced and grassed site of approximately 0.40 hectares (0.99 acres).

We understand that utility services including water, telecoms and electricity are available on site and gas is available in the public highway. Interested parties should refer to the legal pack and make their own enquiries to satisfy themselves on the availability of any services. We further understand there is asbestos within the construction of the water tower and as such there will be no internal viewings of the property.

 


Location:

Rugby is a historic market town in Warwickshire with a population of around 100,000.

The town lies 80 miles north of London, 30 miles to the southeast of Birmingham and 11 miles from Coventry.. The town enjoys excellent communications lying alongside the M1 (Junction 18) just to the north of the M45 and just to the south of the M6.  The town is a popular location for logistic and warehouse development.

Rugby lies on the west coast main rail line and both Birmingham and Coventry Airports are within easy reach.

The property lies on the southern edge of the town and fronts Ashlawn Road, close to its junction with Barby Road.

The approximate position of the property can be located as follows:
Grid Reference: SP506729

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Tenancy:

The site is let to by way of two separate leases to telecommunication companies and produces approximately £31,000 per annum.


Accomodation:

Note: Interested parties should read the legal pack for further information relating to easements and overages, for example, that may be applicable to the site.

External viewing of the site may only be undertaken using public rights of way or by appointment with BidX1. Please do not trespass onto adjoining land owned by our client’s neighbours.


Online Auction on Thursday, 23 November 2023. For further information, such as legal documents and property information, please visit bidx1.com.

Places of interest

    BidX1 are market-leaders in the digitalisation of property transactions, allowing buyers and sellers across the globe to complete transactions online in the most efficient and transparent manner. We combine industry-leading property expertise with proprietary technology to provide unparalleled levels of transparency, analytics and global reach, challenging the traditional process of marketing and transacting real estate. Our technology facilitates end-to-end online transactions, from listing to exchange of contracts.  To date BidX1 has sold over 10,000 properties through their digital platform, attracted visitors from 173 countries and buyers from 32 countries. A total value of £1.7 million worth of property sold has been sold via our digital platform.  BidX1 currently operates in the UK, Ireland, South Africa, Spain and Cyprus, with further expansion into other European markets planned to meet the demand for an alternative to existing sale processes. BidX1 has a varied customer base, including multiple institutional investors, banks, listed vehicles, receivers, liquidators and propcos, as well as individual private sellers wishing to avail of the transparency and data that the digital platform provides.  Their innovative approach has earned them recognition in the form of a number of accolades, including the Irish Times' New Frontiers Award 2018 and the Investment Award 2018 at the Estates Gazette Tech Awards. BidX1 has also been shortlisted for Newcomer of the Year and Proptech Innovator of the Year at the Property Awards 2019 as well as for Proptech Company of the Year at the PROPS Awards 2019.

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    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

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    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.