Alessandra Grove, Newgatestreet Road, Goffs Oak, Waltham Cross

SUMMARY

• Consented residential development opportunity for 14 private self-build detached houses within an exclusive gated community.

LOCATION

• The property is located on Newgatestreet Road in Goffs Oak, a desirable semi-rural location in Hertfordshire. The area offers a balance of countryside surroundings with easy access to the A10 and M25, as well as local amenities in Goffs Oak, Cheshunt, and Broxbourne.

• The site is well-connected, situated close to Cuffley Railway Station approximately a 5-minute drive which offers direct links to London Moorgate and King’s Cross in roughly 40 minutes.

EXISTING

• The site extends to 5.29 acres and currently operates as a horticultural nursery.

• Existing structures include extensive glasshouses, polytunnels, and ancillary buildings which cover a significant portion of the land.

• The site is screened by mature hedgerows and trees, minimising visual impact on the surrounding Green Belt.

PLANNING

• Planning permission was granted 23rd May 2024 for the “Approval of reserved matters pursuant to outline planning permission 07/22/0147/O for detailed plans of layout and landscaping appearance” (Planning Ref. 07/24/0035/RM)

• Outline planning was granted 29th December 2023 for the “Outline planning application for the demolition of existing glasshouse and ancillary buildings and provision of up to 14 residential self-build plots (all matters reserved except for access)” (Planning Ref. 07/22/0147/O)

• The consented scheme would provide 14 private self-build detached dwellings (3 x 4 Bed, 11 x 5 Bed) extending to approximately 46,715 SqFt (NIA).

• We have been advised that there is no CIL contribution.

• We have been advised that the draft S106 amounts to £2,276,101. (Affordable Contribution £1,848,000)

TERMS

• The property is not elected for VAT.

• The property is available freehold.

• Offers in excess of £7,500,000