14-16, 18 & 20 Chalk Hill & 12 Ye Corner, Watford, WD19 4BG

The property comprises a level site extending to .56 acres (.23 hectares). The accommodation on-site comprises three existing structures, 14-16 Chalk Hill and 18 Chalk Hill, both of which were originally residential premises and 12 Ye Corner which is believed to have originally been a bank.

A further structure existed at 20 Chalk Hill but this has been demolished.

Situated within close walking distance to the east of Bushey Village and to the south-east of Watford town centre, the site is less than 200m from Bushey Overground Station (fast trains to London Euston in 20 minutes). Watford is the most significant north M25 town - with a thriving, primarily service based economy and excellent road and rail links to Central London and the remainder of the UK.

The town is rich in amenities with a varied retail and leisure offer at the Atria Shopping Centre. Major office employers in the town include Hilton, PWC, KPMG, TK Maxx, JD Weatherspoon, ASOS, Epson, Allwyn and Smith & Nephew. The area to the north-east is designated as the Colne Valley Strategic Development Area which is intended to be a catalyst for change and aims to deliver a significant number of new dwellings before 2036.

The property may be inspected by prior appointment through the Vendor’s sole selling agents.

The freehold interest is offered with full vacant possession.

The site is in Chalk Hill with good access via road and rail to Watford town centre and is within walking distance of local and multiple retailers including Tesco, Lidl and Aldi. The Waterfield’s, Century and Bushey Arches retail parks are all within walking distance. The site road frontage to Chalk Hill offers access to any development on the subject site and may provide a potential access to adjoining land.

The site is unallocated and is not subject to specific planning policies but is within a groundwater source protection zone. The adjacent 1.67-acre site has obtained consent for a mixed-use development of 151 residential plus elements of retail community floor space (This scheme is no longer extant but is illustrative of the type of scheme that could be developed at this location). The adjacent site has recently been offered for sale by Knight Frank (particulars in data room).

The site is subject to some Tree Preservation Orders and 14 Chalk Hill is subject to a National Listing (full details available within the data room).

All mains services are believed to be available to the site.

The site is believed to offer substantial prospects for residential redevelopment, either in totality or by retaining the existing structures and undertaking development within the car park. The existing structures may offer potential for owner occupation or potentially conversion to alternative uses, including residential.

The properties are for sale by private treaty via informal tender on a date to be advised.