Land For Sale £6,500,000
Retained clients only
For sale – freehold residential development opportunity
19 – 21 clarendon road, watford, herts WD17 1JR
We are advised as follows:-
a) Watford Borough Council resolved to grant planning permission for this property in March 2022, planning reference number 21/01811/fulm, subject to negotiation of a Section 106 agreement, for a 10 storey development of 65 private 1 and 2 bedroom units with an nia of 37,160 sq ft and a retail and commercial unit with a gia of 1,247 sq ft.
B) The site measures approximately 0.19 acre (0.08 hectares), currently comprises a vacant 3 storey office building
c) The affordable housing contribution is £300,000 (index linked) including a late stage viability review mechanism.
D) cil is estimated at £500,000 for which we are awaiting a liability notice from Watford Borough Council
e) Contracts were previously exchanged in the sum of £7 million in June 2022 but the purchasers failed to complete. Unconditional offers are now invited for the Freehold interest.
The property is located in Watford town centre, about 0.4 mile from Watford Junction Station from where trains connect to London Euston with fastest journey times of 18 minutes.
A copy of the planning permission, design and access statement and the executed S.106 are available on request.
If of interest, the services of Jeremy Leaf & Co will need to be retained and our introductory commission payable based on 1% of total purchase monies plus VAT. This sum, though due on exchange of contracts, will be payable on completion.
For sale – freehold residential development opportunity
19 – 21 clarendon road, watford, herts WD17 1JR
We are advised as follows:-
a) Watford Borough Council resolved to grant planning permission for this property in March 2022, planning reference number 21/01811/fulm, subject to negotiation of a Section 106 agreement, for a 10 storey development of 65 private 1 and 2 bedroom units with an nia of 37,160 sq ft and a retail and commercial unit with a gia of 1,247 sq ft.
B) The site measures approximately 0.19 acre (0.08 hectares), currently comprises a vacant 3 storey office building
c) The affordable housing contribution is £300,000 (index linked) including a late stage viability review mechanism.
D) cil is estimated at £500,000 for which we are awaiting a liability notice from Watford Borough Council
e) Contracts were previously exchanged in the sum of £7 million in June 2022 but the purchasers failed to complete. Unconditional offers are now invited for the Freehold interest.
The property is located in Watford town centre, about 0.4 mile from Watford Junction Station from where trains connect to London Euston with fastest journey times of 18 minutes.
A copy of the planning permission, design and access statement and the executed S.106 are available on request.
If of interest, the services of Jeremy Leaf & Co will need to be retained and our introductory commission payable based on 1% of total purchase monies plus VAT. This sum, though due on exchange of contracts, will be payable on completion.
