MIXED-USE NEW BUILD DEVELOPMENT OPPORTUNITY FOR SALE IN WATFORD. 60 High Street, Watford, WD17

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1 MIXED-USE NEW BUILD DEVELOPMENT OPPORTUNITY FOR SALE IN WATFORD 60 High Street, Watford, WD17

MIXED-USE NEW BUILD DEVELOPMENT OPPORTUNITY FOR SALE IN WATFORD Rare development opportunity to acquire a prominent mixed use site in the heart of Watford Town Centre directly opposite the

2 MIXED-USE NEW BUILD DEVELOPMENT OPPORTUNITY FOR SALE IN WATFORD Rare development opportunity to acquire a prominent mixed use site in the heart of Watford Town Centre directly opposite the regeneration of Charter Place. Site with planning consent for the redevelopment of the site to provide a mixed use scheme including 29 no. private residential apartments and 5300ft 2 of Class A1 retail floor space. Located a stone s throw from the INTU shopping centre, opposite the central bus stops and within walking distance to Watford Junction Station with a direct link to London Euston (20 mins). 29 residential units comprising 21 x 1 bed, 7 x 2 bed and 1 x 3 bed. For sale freehold with vacant possession. Guide price 3,500,000 SITE DESCRIPTION The site has full planning consent for the demolition of the existing buildings and the redevelopment of the site to provide a mixed use scheme including 29 no. private residential apartments and 5300 sqft of Class A1 and or A2 retail floor space fronting high street with heavy footfall. The property is bounded by mixed-use properties (shops with residential upper parts both sides). It is a prime commercial pitch opposite the new shopping centre extension with the possibility of a pre-let. LOCATION Situated on the former commercial site with The Entertainer as a previous tenant, the site is in the immediate proximity to bus and rail links servicing all the towns and villages in the surrounding area as well as convenient direct access to London. A wide range of leisure facilities on the doorstep including Cassiobury Park and Watford Football Club being just a short walk from the site. Watford is a town that sits perfectly within the commuter belt where you are just 20 minutes from the City and 5 minutes from the countryside. Recently the Town Centre has seen a great deal of change to its High Street undergoing a 375 million pounds transformation including the extension of its flagship INTU Shopping Centre, attracting brands such as TGI Fridays, Debenhams, Cineworld IMAX & Hollywood Bowl located just a few yards away from the site.

4 SCHEDULE Floor Unit Description M 2 FT 2 Ground Commercial Unit ,300.1 Total ,300.1 First Flat B2P Flat B2P Flat B4P Flat B3P Flat B2P Flat B2P Flat B2P Total ,256.1 Second Flat B2P Flat B2P Flat B4P Flat B3P Flat B2P Flat B2P Flat B2P Total ,256.1 Third Flat B2P Flat B2P Flat B4P Flat B3P Flat B2P Flat B2P Flat B2P Total ,101.2 Fourth Flat B2P Flat B2P Flat B2P Flat B4P Total ,508.0 Fifth Flat B2P Flat B2P Flat B2P Total ,614.6 Sixth Flat B4P Total Total Commercial NSA ,300.1 Total Residential NSA 1, ,529.3

7 PLANNING PERMISSION TENURE VIEWINGS Planning permission has been granted via Watford Council under the planning reference 18/01084/ FULM for the demolition of the existing buildings and the redevelopment of the site to provide a mixeduse scheme including 29 no. private residential units and 5,300sqft of Class A1 and or A2 retail floor place fronting the High Street. The property is for sale as freehold with vacant possession. The site can be viewed from the public footpath on the high street and to the rear along Wellstones. For internal inspections viewing days will be arranged strictly by appointment only. CLICK HERE to access full planning consent on Watford Borough Council s website (under the planning reference 18/01084/FULM). VAT We are advised that the property is elected for VAT (to be paid by the purchaser). ADDITIONAL INFORMATION CLICK HERE to access the dataroom for all floor plans, full pricing schedule & other related documents. TERMS Guide price 3,500,000 FINANCIAL CONTRIBUTIONS CIL liability for Watford Borough Council: 230, Community Parking Zone Payment: 2,000

8 CONTACT highfield-investments.co.uk land.imagine-group.co.uk HIGHFIELD-INVESTMENTS. CO.UK Please note the information provided in this document has been given in good faith, however all parties must undertake their own due diligence to satisfy themselves in regards to accuracy.

Indicative Visualisation Aldenham Road, Bushey, Hertfordshire WD19 4AB Residential Development Opportunity For Sale

Indicative Visualisation Aldenham Road, Bushey, Hertfordshire WD19 4AB Residential Development Opportunity For Sale Indicative Visualisation ENTER Residential Development Opportunity For Sale HOME SUMMARY DESCRIPTION & LOCATION DEVELOPMENT TERMS SUMMARY Light industrial building extending to approximately 9,634ft 2