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Rigby House, 30 - 34 The Parade, Watford WD17 1EA

CONVERSION & DEVELOPMENT OPPORTUNITY FOR SALE
For sale
  • Prime Consented Development Opportunity comprising an attractive prominent corner building in Watford Town Centre.
  • Situated 0.5 miles from Watford Junction Station.
  • Freehold.
  • The existing office building measures 11,114 sq ft.
  • Permitted Development Rights have been granted for 16 apartments over first, second, third and fourth floors.
  • A further planning application has been submitted for the erection of additional floor to provide 3 further apartments (2 x 1-Bed and 1 x Studio).
  • The net internal area of the proposed residential scheme will total 8,686 sq ft.
  • Proposed vacant ground and basement is approximately 2,500 sq ft.
  • VAT is applicable only on the ground floor commercial element.
  • PDR approved for 8 x Studio and 8 x 1-Bed apartments.
  • We are instructed to seek offers in excess of £2,850,000 (Two Million Eight Hundred and Fifty Thousand Pounds) subject to contract.
  • An overage will be payable if planning consent is received for the additional three apartments.
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