Properties

A rare opportunity to acquire a landmark consented mixed-used development opportunity with potential to deliver an optimised Build to Sell, Build to Rent or Co-Living scheme in a sought after commuter town. • The site extends 1.67 acres (0.67 hectares) and comprises two vacant industrial (B8) units and a residential (C3) unit extending to 23,848 sq ft GIA. • Located 150 metres from Bushey Station (London Overground and National Rail) offering access into Central London (15 mins) and Watford Town Centre (4 mins). • Planning granted for a mixed-use development of 151 residential (C3) units, 90 sq m of retail (A1, A2 and/or A3) or community floor space (D1, D2) and 69 car parking spaces. The blocks range in height from 5 to 9 storeys. The Section 106 has not been signed. (Planning ref: 18/00163/FULM) • A feasibility study was undertaken by Bogle Architects in 2021 for a 220 unit scheme over 5 to 11 storeys with retail and community floorspace and 75 car parking spaces. • Opportunity to optimise the development or bring forward an alternative scheme • The freehold site will be sold with Vacant Possession. • Offers are invited on an unconditional and subject to planning basis. . The site is located within Watford Borough Council in Hertfordshire, just south-east of Watford town and west of Bushey, in close proximity to Bushey Station. Watford is located 1 mile (1.6km) northwest of the site. Watford is a thriving regional town with a vibrant town centre which has undergone an £180 million redevelopment of the Atria Watford Shopping centre which completed in 2022 with anchor tenant M&S. Bushey is situated 0.6 miles (1 km) east of the site. This is primarily a residential area and separates itself from neighbouring built up areas with farmland, commons and golf courses.