Freehold former hotel near Rugby station — refurbishment or conversion potential..
- Freehold mixed-use former hotel with leisure facility potential
- Multiple ensuite rooms across two units; suitable for C1 hotel use
- Off-street parking with undercroft vehicular/pedestrian rear access
- Tired Tudor Revival façade; requires modernisation throughout
- Conversion subject to planning; refurbishment opportunity for value-add
- Located close to Rugby station and major road links
- High local crime levels may affect lettability and insurance costs
- Excellent mobile signal and fast broadband speeds
A substantial three-storey, Tudor Revival former hotel and leisure facility in central Rugby, offered freehold with off-street parking and undercroft access. The building contains multiple ensuite rooms across two lettable units, making it suitable for continued C1 (hotel) use or alternative conversion subject to planning.
This property will suit an investor or developer looking for an urban site with immediate town-centre connections. Railway Terrace is a short walk from Rugby station and main road links (M1/M6/A45/A14), with strong mobile signal and fast broadband — practical for short-stay accommodation or serviced apartments.
The façade and interiors are tired and will require modernisation; the building presents clear scope for refurbishment, reconfiguration, or change of use. Buyers should allow budget for upgrading finishes, potential mechanical/electrical works, and planning costs if converting away from C1 use.
Note material commercial considerations: the area records higher crime levels and the property sits in a mixed commercial/residential street with modest frontage. These factors affect lettability and pricing but also create opportunity for value-add improvement in a convenient, well-connected town-centre location.
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