A Substantial Redevelopment Opportunity Occupying a Large Corner Plot on a Primary Shopping Parade in the Town Centre with a Garage Block and Rear Car Park. Potential for Further Development (subject to obtaining all necessary consents).

The property comprises three adjoining mid terrace buildings arranged to provide two shops and an office to the ground floor and a poker club, former gym/snooker hall to the first floor. Externally there is a block of 6 garages and a rear car park.

Tenure

Freehold

Location

The property occupies a prominent corner position in the heart of Borehamwood town centre amongst the numerous shops and restaurants of Shenley Road and directly opposite Borehamwood Shopping Park. Numerous multiples are in occupation on the road. The open spaces of Maxwell Park are within close proximity. Transport links are provided by Elstree & Borehamwood rail station which is just a short walk away and the M1 motorway (J4) is easily accessible.

Subject to obtaining all relevant consent, there is potential to redevelop and extend elements of the properties to provide up to 15 residential units. Furthermore the garages could also be redeveloped to provide residential accommodation. Proposed drawings are available for inspection.

VAT

VAT is not applicable

Viewing Details

Thursday 2nd July 10:00-10:30 Tuesday 7th July 10:00-10:30 Thursday 9th July 10:00-10:30 Tuesday 14th July 10:00-10:30 Thursday 16th July 10:00-10:30 Tuesday 21st July 10:00-10:30

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.