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Agent's details

Development opportunity to create a mixed-use scheme comprising 41 apartments and a commercial unit.

For sale: £3,700,000.00|Leisure, Mixed use, Industrial, Light industrial, Retail, Residential Land, Other, Other Property Types & Opportunities, Residential

Property details

FOR SALE£3,700,000.00
ADDRESS26-30 Theobald Street, Borehamwood, WD6 4SG
TYPELeisure, Mixed use, Industrial, Light industrial, Retail, Residential Land, Other, Other Property Types & Opportunities, Residential
TENUREDevelopment Opportunity, For Sale Freehold
POSTED ON5th February 2025

Description

The existing site extends to approximately 0.51 acres (0.2 ha) and comprises commercial and light industrial units with associated parking.

The surrounding area is mixed-use, comprising residential, commercial, retail, leisure and community uses.

A planning application has been granted to create a mixed-use scheme comprising 41 apartments and approximately 156.6 sqm (1,686 sqft) of commercial use on the ground-floor (Class E).

The proposed development comprises 8 affordable units (4 x first homes in North Block & 2 x shared ownership and 2 x affordable rent within the South Block).

The total proposed NIA (residential) is approximately 2,603.7 sqm (28,026 sqft).

The proposed scheme delivers an attractive pedestrianised courtyard and 10 car parking spaces.

The property is for sale freehold by way of informal tender (unless sold prior) at Offers Over £3,700,000, subject to contract.

Location

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Location: 26-30 Theobald Street, Borehamwood, WD6 4SG

Stanmore (2.7 miles)

Edgware (2.9 miles)

Canons Park (3.4 miles)

Elstree & Borehamwood (0.2 miles)

Elstree & Borahmwood (0.3 miles)

Radlett (2.6 miles)

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