Rugby industrial site acquired in £2.5m deal

A Glasgow-based supplier of accessible vehicles has purchased an industrial site in Rugby in an effort to expand its footprint.

Allied Vehicles has purchased the 2.23-acre site at 6 Somers Road, Rugby, to provide the company with a Midlands transport hub to service its showroom in the Midlands, a staging post for all UK deliveries south of Rugby and onward deliveries to the increasing demand for their wheelchair accessible vehicles in Europe.

The firm already operates from premises in three locations in Scotland and on London Road, Coventry, and has added the Rugby site for expansion.

The freehold site was sold by Mark Booth and Tom Bromwich of Bromwich Hardy on behalf of the Modern Plant Hire Ltd Retirement Benefit Scheme.

Mark Booth, surveyor at Bromwich Hardy, said: “This was a significant site in an excellent industrial location, offering a spacious open yard, two main warehouses with additional storage space and a two storey office building.

Michael Tarrant, representing the vendor, said: “Bromwich Hardy found a buyer who really wanted the site, and so we were very pleased to be able to complete the sale to Allied Vehicles Ltd and wish them all the best with their expansion plans.”

Coventry law firm Brindley Twist Tafft & James LLP advised the seller and solicitors BTO in Glasgow acted for Allied Vehicles.