Former Royal Oak, 42 Sparrows Herne, Bushey, Hertfordshire WD23 1FU

A Freehold site benefitting from detailed planning consent to create six apartments

Key Information

Location

Bushey, Hertfordshire WD23

Planning Status

Consented

Price

£1,250,000, subject to contract

Description

Freehold Site with Planning Consent

Data Room

View data room

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)

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