Skip to content
Buy
Property for sale New homes for sale Property valuation Agent valuation Investors Mortgages
Rent
Property to rent Student property to rent
House Prices
Sold house prices Property valuation Agent valuation Instant online valuation
Mortgages
Get started Get a Mortgage in Principle Check your affordability Remortgage Calculator Mortgage guides
Find Agent
Find estate agent
Commercial
Commercial property to rent Commercial property for sale Advertise commercial property
Inspire
Moving stories Property news Energy efficiency Property guides Housing trends Mortgage guides Overseas blog Country guides
Overseas
All countries Spain France Portugal Italy Greece Currency Sell overseas property
Get brand editions for Knight Frank Land, London

Watford WD17

£11,500,000
Knight Frank Land, London
PROPERTY TYPE

Land

SIZE

Ask agent

floorplan.png
1

Description

The Opportunity

• Upto £650,000 income per annum with outline residential development consent

• A substantial 1.15-acre town-centre site bringing together High Street retail, offices, a gym and the existing Watford Market.

• An established tenant mix including B&M, producing £549,996 per annum with opportunities to enhance income and unlock further value through active asset management.

• Resolution to grant planning permission for 141 new homes across two blocks, alongside a revitalised market and new commercial space.

• Acquire the freehold and deliver the next chapter of Watford Market. Offers invited in excess of £11,500,000.

• Long leasehold payment shortly to be agreed with Watford Council for an additional £100,000 per annum.


Positioned between Watford High Street, Watford House Lane and Beechen Grove, the site
places future residents at the heart of the town’s shopping, dining and leisure offering.
With the High Street and Atria Watford within easy walking distance, future residents would
enjoy shopping, dining and leisure on their doorstep, complemented by the revitalised
market below.
The nearest stations are Watford Junction (0.4 miles) and Watford High Street (0.5 miles)
both offering Overground services with direct links to London Euston in circa 50 minutes.

Brochures

Watford Market - BroMore Details

Watford WD17

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Watford High Street Station0.4 miles
  • Watford Junction Station0.5 miles
  • Watford Station0.8 miles
Get brand editions for Knight Frank Land, London

About Knight Frank Land, London

London

We are passionate about property. Our foundations are built on supporting clients in one of the most significant decisions they'll make in their lifetime. As your partners in property, we act with integrity and are here to help you achieve the very best price for your home in the quickest possible time. We offer a range of services for your property requirements. If you are selling, buying or letting a home, or you need some frank advice and insight on the current property market from our team, please get in touch. We'd love to hear from you.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference DVL012638702. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Knight Frank Land, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Email agent

Call agent

Email agent