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Land for sale
8-12 Chalk Hill, Bushey, Watford, Hertfordshire, WD19 4BH
£7,000,000
8-12 Chalk Hill, Bushey, Watford, Hertfordshire, WD19 4BH
£7,000,000
Our Summary
- 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
- • Planning 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
- (Planning ref: 18/00163/FULM)• A 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
- • Opportunity to optimise the development or bring forward an alternative scheme • The freehold site will be sold with Vacant Possession
- • Offers are invited on an unconditional and subject to planning basis
Description
This rare opportunity presents a landmark consented mixed-use development site in a sought-after commuter town, with potential to deliver an optimized Build to Sell, Build to Rent, or Co-Living scheme. The 1.67-acre site comprises two vacant industrial units and a residential unit, with planning permission granted for a 151-unit residential development, 90 sq m of retail space, and 69 car parking spaces. The site is located 150 meters from Bushey Station, offering easy access to Central London and Watford Town Centre. A feasibility study by Bogle Architects in 2021 proposed a 220-unit scheme with retail and community floorspace and 75 car parking spaces. The freehold site will be sold with vacant possession, and offers are invited on an unconditional and subject to planning basis. The site is situated in Hertfordshire, near Watford and Bushey, with Watford town centre undergoing a significant redevelopment.