Residential development opportunity

An attractive commercial building, benefitting from excellent transport links, offering substantial potential for residential redevelopment. The property comprises a vacant 3 storey office block, with a total of 121 car parking spaces at ground level and under croft, situated on a 0.96 acre site. The existing accommodation comprises a GEA of 38,518 sq ft and GIA of 35,790 sq ft. A prior approval (5/24/1037) has been granted for the change of use to 38 residential apartments (23 x 1 bedroom apartments) and (15 x 2 bedroom apartments) totalling 29,455 sq ft, Situated close to a range of amenities and excellent transport links to central London, The establishment of the Hertfordshire Enviro-Tech Enterprise Zone (EZ) across multiple sites is poised to further bolster economic growth in the local area.