Land development opportunity in St.Albans, UK

United Kingdom

Land

£12.000.000

1 Mar 2019

262

Property Details

#262

Freehold

X

Fees

2.00 %

0.00 %

1.80 %

0.00 %

0.20 %

Investment Overview

The site comprises an existing building known as the Old Electricity Works and a number of other 2-3 storey light industrial buildings. The Old Electricity Works building has been converted into an office space and the warehouse buildings to the rear are currently used by a builders merchant. The large yard at the rear of the site is used to store materials and equipment for the builders merchant. The site is located on the eastern side of St Albans City, Hertfordshire. St Albans is to the north of Watford, south of Luton and east of Hemel Hempstead. Key features • A 0.70 hectare (1.72 acres) site • Consists of a former electricity works building along with warehouses • The site benefits from a planning permission for the redevelopment • For sale freehold with vacant possession A residential-led development opportunity with detailed planning permission located in St Albans, Hertfordshire.

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Market data