Key Information
Location
Bushey, Hertfordshire WD23
Planning Status
Consented
Price
£1,250,000, subject to contract
Description
Freehold Site with Planning Consent
Contact
Overview
This freehold, former pub, benefits from detailed planning consent to create a residential development comprising six luxury apartments.
Detailed planning consent via Hertsmere Borough Council, planning reference number: 20/0115/FUL for the following:
“Construction of a 3 storey rear extension and conversion of loft space to facilitate the conversion of the existing public house to 6 flats (2 x 1 bed, 3 x 2 bed & 1 x 3 bed), to include balconies at rear elevation, access, parking and landscaping.”
NB: A larger, 7 x 2-bed unit scheme is currently in appeal and an overage will be payable in the event of this being approved – planning appeal reference: 19/0077/APP.
If you have any questions or wish to arrange an inspection, please get in touch with a member of our Investments Team on 020 3640 6420 or by emailing [email protected]
View brochure
Investment Summary
- Detailed planning consent to create six apartments (part conversion)
- Eight surface car parking spaces
- Proposed NSA: 4,745 sq. ft. / 440.8 sq. m.
- Corporate sale of the SPV
- CIL estimated at approx. £35,720 (please carry out your own due diligence to confirm this)
- To view the plans & associated documents, please click the data room link above – access code: royaloak (case sensitive)