Former Happy Hour Public House Eastbury Road, Bushey WD19 4JL

CGI of permitted scheme Former Happy Hour Public House Eastbury Road, Bushey WD19 4JL Consented Residential Development Opportunity

Former Happy Hour Public House Eastbury Road, WD19 4JL 2 EXECUTIVE SUMMARY Residential development opportunity located in Bushey, within the jurisdiction of the Borough of Watford. 0.68 acre (0.274 hectare) site comprising a vacant pub and restaurant. Planning permission for the demolition of the existing building and redevelopment of the site to provide a scheme comprising 32 residential dwellings (30 private, 1 affordable rent and 1 social rent), with 33 parking spaces. Proposed residential mix of 17 x 1-bed, 10 x 2-bed and 5 x 3-bed units. Total Net Saleable Area of 2,130 sq m (22,927 sq ft). Total combined scheme area of approximately 2,750 sq m (29,601 sq ft) GIA. Located approximately 950 metres (0.6 miles) to the south west of Bushey National Rail Station and 1.4km (0.9 miles) south of Watford town centre. For sale freehold with vacant possession. Existing Front Elevation

Former Happy Hour Public House Eastbury Road, WD19 4JL 3 Location The site is located on the north side of Eastbury Road (A4125), in Bushey. It is within the Borough of Watford, Hertfordshire, and approximately 24 km (14.9 miles) to the north west of Central London. The site lies approximately 1.4km (0.9 miles) to the south of Watford town centre. The site is in an attractive residential suburb, which comprises a wide range of predominantly early 20th century housing. A small local parade of shops and a post office can be found approximately 150 metres (0.1 miles) to the south on Eastbury Road, with additional local retail and leisure establishments in Bushey town centre, 1.1km (0.7 miles) to the north east. Watford town centre has a more extensive retail and commercial offering, including the intu Watford shopping centre which is undergoing substantial redevelopment and extension. There are also a selection of supermarkets and out-of-town retailers in Arches and Century Retail Parks 1km (0.6 miles) to the north. Oxhey Park and Riverside Park and Recreation Ground are located within 400m (0.3 miles) of the site, and form part of a number of community and recreational amenities that include Oxhey Hall Community Centre, Bushey Cricket Club, Oxhey Early Years Centres and Bromet Primary School. Bushey Station (Travelcard zone 8) is approximately 950 metres (0.6 miles) to the north east of the site and is served by London Overground and West Midlands Train Services and offers direct regular services to London Euston (20 minutes) and Watford Junction (10 minutes) (Source: National Rail), a major national rail terminal on the West Coast Main Line. Bus services run along Eastbury Road offering regular local services to Bushey Station (4 minutes) and Watford High Street (12 minutes). Eastbury Park Road (A4125) offers good road access to the M25 via the A41, and the wider national motorway network. Not to Scale

Former Happy Hour Public House Eastbury Road, WD19 4JL 4 Proposed East Elevation Proposed Rear Elevation DESCRIPTION The rectangular site comprises the vacant former Happy Hour public house, a large detached building set over 2 floors with associated parking to the front, accessed off Eastbury Road, and a garden to the rear and sides. The site extends to approximately 0.68 acres (0.274 hectares) and is located on the north side of Eastbury Road, at its junction with Silk Mill Road, the southern and western boundaries being formed by these roads respectively. To the immediate north and east are the rear gardens of residential properties in a predominantly residential area and a public footpath runs along the northern boundary of the site. PLANNING The property falls within the jurisdiction of the Borough of Watford. The site does not sit within a conservation area, nor are there any statutorily or locally listed buildings on or near to the site. The site benefits from planning permission (Ref: 18/00936/ FULM) for the following development: Planning application for the demolition of existing building and erection of 32 dwellings together with a means of access from Eastbury Road, provision of associated parking, amenity space and landscaping. The proposed schedule of accommodation is set out below, the scheme will provide 33 parking spaces. UNIT TYPE NO. OF UNITS NSA SQ M 1-Bed 17 884 NSA SQ FT 9,515 2-Bed 10 732 7,879 3-Bed 5 514 5,533 Total 32 2,130 22,927 FLOOR NSA SQ M NSA SQ FT GIA SQ M Basement - - 104 GIA SQ FT 1,119 Ground 873 9,397 898 9,666 First 535 5,759 889 9,569 Second 722 7,772 859 9,246 Total 2,130 22,927 2,750 29,601 In addition, a larger 37 unit scheme on the site was refused in July 2018 (Ref: 18/00248/FULM), and is currently being appealed. CIL & S106 The development will be subject to Watford Borough CIL at a rate of 120 per sq m which will be subject to inflation using the national All-In-Tender Price Index of construction costs published by the Building Cost Information Service (BCIS). A section 106 agreement includes a requirement for a viability assessment and has a further fixed financial contribution of 2,000 for Travel Plan and Support Fee.

0 Former Happy Hour Public House Eastbury Road, WD19 4JL 5 The scaling Revision D Parking and la E Minor amend F Minor amend G Units remove 1st/2nd floor H Bin enclosure Permitted FLOOR PLANS - ground floor The scaling of this drawing cannot be assured Revision Date Drn Ckd D E F G H Parking and layout revised Minor amendments to layout Minor amendments Units removed from 3rd Floor and 1st/2nd floor layouts/mix Bin enclosure adjusted 22.03.18 03.04.18 19.04.18 17.05.18 23.05.18 AB Application Site Boundary 1 Bed unit 2 Bed unit N Appli 1 Bed 2 Bed 33 Parking Spaces 70 sqm Unit 2 Cycles 66 spaces Refuse 50 sqm 106 sqm 106 sqm Unit 1 104 sqm maisonette maisonette maisonette Unit 12 Unit 11 Unit 10 104 sqm maisonette Unit 9 53 sqm Unit 8 72 sqm Unit 3 50 sqm Unit 4 53 sqm 53 sqm 52 sqm Unit 5 Unit 6 Unit 7 Not to Scale Project The Hap Watford Drawing Title Proposed Ground F Date 09.02.18 Project No 27355

0 Former Happy Hour Public House Eastbury Road, WD19 4JL 6 The scaling Revision D Parking and l E Minor amend F Minor amend G Units remove 1st/2nd floor H Bin enclosure Permitted FLOOR PLANS - first floor The scaling of this drawing cannot be assured Revision Date Drn Ckd D E F G H Parking and layout revised Minor amendments to layout Minor amendments Units removed from 3rd Floor and 1st/2nd floor layouts/mix Bin enclosure adjusted 22.03.18 03.04.18 19.04.18 17.05.18 23.05.18 AB Application Site Boundary 1 Bed unit 2 Bed unit N Appli 1 Bed 2 Bed 33 Parking Spaces 74 sqm Unit 14 76 sqm Unit 21 52 sqm Unit 13 53 sqm Unit 20 50 sqm Unit 16 53 sqm 53 sqm Unit 17 Unit 18 52 sqm Unit 19 72 sqm Unit 15 Not to Scale Project The Hap Watford Drawing Title Proposed First Floo Date 09.02.18 Project No 27355

0 Former Happy Hour Public House Eastbury Road, WD19 4JL Permitted FLOOR PLANS - second floor 7 The scaling of this drawing cannot be assured Revision Date Drn Ckd D E F G H Parking and layout revised Minor amendments to layout Minor amendments Units removed from 3rd Floor and 1st/2nd floor layouts/mix Bin enclosure adjusted 22.03.18 03.04.18 19.04.18 17.05.18 23.05.18 AB Application Site Boundary 1 Bed unit 2 Bed unit N The scaling Revision D Parking and l E Minor amend F Minor amend G Units remove 1st/2nd floor H Bin enclosure Appli 1 Bed 2 Bed 33 Parking Spaces 74 sqm Unit 23 52 sqm Unit 22 76 sqm Unit 32 94 sqm Unit 31 75 sqm Unit 30 72 sqm Unit 24 53 sqm 53 sqm Unit 26 Unit 27 Unit 28 52 sqm 50 sqm Unit 25 71 sqm Unit 29 Not to Scale Project The Hap Watford Drawing Title Proposed 2nd Floo Date 09.02.18 Project No 27355

8 METHOD OF SALE The property is for sale freehold with vacant possession by way of informal tender (unless sold prior). VAT The property is elected for VAT. VIEWINGS The Site can be viewed from the public highway. Internal access can be arranged upon request FURTHER INFORMATION Further technical information relating to the property is available at: www.eastburyroad.com Contact For further information please contact: Savills UK Darren Arnold T: +44 (0) 20 7409 9926 E: darnold@savills.com Sean Cooper T: +44 (0) 20 7409 9948 E: scooper@savills.com Hugh Bushell T: +44 (0) 20 7075 2860 E: hbushell@savills.com Vandermolen Real Estate Jonathan Vandermolen T: +44 (0) 20 7290 2828 E: jv@vandermolenre.co.uk Sam Phillips T: +44 (0) 20 3971 6066 E: sp@vandermolenre.co.uk Important Notice Maps are reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office. Crown copyright licence number 100022432 Savills (UK) Ltd, and published for the purposes of identification only and although believed to be correct accuracy is not guaranteed. Savills, their clients and any joint agents give notice that: 1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Savills have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise. Designed and Produced by Savills Marketing: 020 7499 8644 November 2018