- 0.2 acre freehold site
- Large existing building footprint
- 20 parking spaces
- Stones throw from Watford Town Centre
A fantastic opportunity to acquire a 0.20 acre unencumbered freehold site in Watford. The site comprises of two detached office buildings, both of which offer two storeys in parts. The site is accessed between two residential buildings on St Marys Road and sits in between St Marys Road and Vicarage Road. The site is currently occupied by the owners but it will be sold with vacant possession. This site being so close to Watford Town Centre and offering 20 parking spaces will work for either commercial owner occupiers or redevelopment to residential subject to the necessary planning consents. The site is split between two SPV's, both of which are 'clean' and debt free.
Situated 0.1 miles from Watford Town Centre, the site is in a convenient position being walking distance to both Atria Watford and Watford General Hospital. Watford Junction is only 0.8 miles from the location, which offers fast rail connectivity into London Euston and Watford Metropolitan Station is a mile away. The site benefits from sitting adjacent to the one-way system which surrounds Watford Town Centre, enabling good road connectivity to Junction 5 of the M1 which is 2.1 miles from site and Junction 19 of the M25 which is 2.9 miles away.
£1,350,000 for the Freehold interest
Each party to be responsible for their own legal costs.
We understand that VAT is not payable.