April 9, 2021
Opus Land is delighted to have completed the purchase and onward sale to Rybrook BMW of a prime 4-acre site on Gallows Hill, in a move which will make way for the relocation of local BMW retailer Rybrook Warwick to a new flagship purpose-built BMW Centre. This deal brings Rybrook’s total investment into the district to c.£13million.
The site, located next to the Warwick Technology Park has been purchased from Warwick District Council and has already been granted planning permission, which will bring further investment and jobs to an area which is already home to IBM UK, Siemens ITCL and the National Grid.
Opus Land, the West Midlands based property developer will be carrying out the development of the site on behalf of Rybrook BMW, which is part of a much larger community development project of a hotel, community stadium, athletics track, new schools, community and neighbourhood centre, new park and more than 1100 homes as well as extensive highway and footpath/cycling improvements.
The plans for the brand new Rybrook Warwick BMW Centre, which is relocating from its current Heathcote Lane dealership to this new “super site”, include a brand new state of the art workshop with increased MOT and servicing facilities, office space, staff facilities, spacious indoor showroom facilities to showcase the latest BMW products, extensive outdoor car display area and customer parking.
Sustainability and social responsibility had a heavy influence in the site plans throughout, with Opus Land and Rybrook BMW creating a best in class development integrating sustainable technologies and renewables where possible.
Planning permission for a hotel has also been granted on the land adjoining the showroom.
Construction is due to complete January 2022.
Warwick District Council’s Portfolio Holder for Business & Finance Councillor Richard Hales commented “We are delighted to see this development being kick-started bringing more investment and jobs to the District and playing an enabling role for the wider development project planned for this area of Warwick. This has once again demonstrated the District Council’s continued commitment to supporting the local community and economy in these challenging times.”
Chris Page, Group Property Director at Rybrook commented, “Following the continued growth of the Rybrook BMW Warwick business we have been looking for the right opportunity to relocate to a new purpose-built facility, to best serve our BMW customers in the Warwickshire area. Understanding of our future business needs is key to this project and by working with our long-standing partner Opus Land we have been able to secure the right location and work with a trusted partner to ensure the development fulfils all our requirements.”
Richard Smith, Joint Managing Director at Opus Land commented, “Following a long-standing relationship with Rybrook going back many years, I am delighted that Opus Land are now developing their new BMW dealership.”