House For Sale Ye Corner, Watford, WD19

A rare opportunity to acquire a landmark consented mixed-used development opportunity with potential to deliver an optimised Build to Sell, Build to Rent or Co-Living scheme in a sought after commuter town.

•\tThe site extends 1.67 acres (0.67 hectares) and comprises two vacant industrial (B8) units and a residential (C3) unit extending to 23,848 sq ft GIA.
•\tLocated 150 metres from Bushey Station (London Overground and National Rail) offering access into Central London (15 mins) and Watford Town Centre (4 mins).
•\tPlanning granted for a mixed-use development of 151 residential (C3) units, 90 sq m of retail (A1, A2 and/or A3) or community floor space (D1, D2) and 69 car parking spaces. The blocks range in height from 5 to 9 storeys. The Section 106 has not been signed. (Planning ref: 18/00163/FULM)
•\tA feasibility study was undertaken by Bogle Architects in 2021 for a 220 unit scheme over 5 to 11 storeys with retail and community floorspace and 75 car parking spaces.
•\tOpportunity to optimise the development or bring forward an alternative scheme
•\tThe freehold site will be sold with Vacant Possession.
•\tOffers are invited on an unconditional and subject to planning basis.
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The site is located within Watford Borough Council in Hertfordshire, just south-east of Watford town and west of Bushey, in close proximity to Bushey Station.

Watford is located 1 mile (1.6km) northwest of the site. Watford is a thriving regional town with a vibrant town centre which has undergone an £180 million redevelopment of the Atria Watford Shopping centre which completed in
2022 with anchor tenant M&S. Bushey is situated 0.6 miles (1 km) east of the site. This is primarily a residential area and separates itself from neighbouring built up areas with farmland, commons and golf courses.