Residential Development for sale

The Parade, High Street, Watford, Hertfordshire, WD17

Offers in Excess of £2,850,000

Property Description

Key features

  • Vacant office and retail unit measuring 11,114 sq ft
  • PDR granted to provide 16 apartments
  • Freehold

Full description

Tenure: Freehold

* Prime Consented Development Opportunity comprising an attractive prominent corner building in Watford Town Centre.
* Situated 0.5 miles from Watford Junction Station.
* Freehold.
* The existing office building measures 11,114 sq ft.
* Permitted Development Rights have been granted for 16 apartments over first, second, third and fourth floors.
* A further planning application has been submitted for the erection of additional floor to provide 3 further apartments (2 x 1-Bed and 1 x Studio).
* The net internal area of the proposed residential scheme will total 8,686 sq ft.
* Proposed vacant ground and basement is approximately 2,500 sq ft.
* VAT is applicable only on the ground floor commercial element.
* PDR approved for 8 x Studio and 8 x 1-Bed apartments.
* We are instructed to seek offers in excess of £2,850,000 Subject to Contract.


More information from this agent

Nearest stations

  • Watford High Street (0.4 mi)
  • Watford Junction (0.5 mi)
  • Watford (0.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ESTATE OFFICE INVESTMENTS LIMITED, London

Ground Floor 1 Finchley Road, London, NW8 9TT

020 8012 6197 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Watford High Street (0.4 mi)
  • Watford Junction (0.5 mi)
  • Watford (0.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ESTATE OFFICE INVESTMENTS LIMITED, London

Ground Floor 1 Finchley Road, London, NW8 9TT

020 8012 6197 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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