Key Information
Location
Hemel Hempstead, HP1
Planning Status
Detailed Planning Consent
Price
POA
Description
Development Opportunity
Contact
Overview
The site benefits from detailed planning consent for a part conversion and extension to create a residential scheme comprising 18 private-sale apartments.
There is further potential to enhance the scheme by way of changing the 6 x 1-bed duplex apartments into 2-bedroom apartments, subject to obtaining all necessary consents.
The ground-floor currently comprises four commercial units including one which is double-width, where a portion of this unit will be syphoned off to create a new front entrance for the proposed residential units (see the CGI entrance marked 156).
To discuss your ongoing buying, selling and funding requirements, please get in touch with a member of our team.
Investment Summary
- The sale of a freehold site with detailed planning consent for a part conversion & vertical extension to create a mix of 18 private-sale apartments
- Proposed Residential NSA approx. 8,852 sq. ft. / 822 sq. m.
- Prominent site measuring approx. 0.34 acres / 14,810 sq. ft. / 1,376 sq. m.
- No on-site affordable housing