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- 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.
- POA.
- An overage will be payable if planning consent is received for the additional three apartments.
