Development Opportunity at Caldecote Farm

Located in the Hertsmere Borough of Hertfordshire, Bushey is an affluent town
on the boundary of the London Borough of Harrow in close proximity to Watford
which is just 2 miles to the north west and central London which is just 13 miles
to the south east.
» Unique opportunity to acquire 2.75 Hectares (6.8 acres) of land at the former
Caldecote Farm which was previously an equestrian facility within the Hertsmere
Borough of Hertfordshire.
» The former Caldecote Farm site is located on Caldecote Lane which provides
access onto Eltstree Road with excellent road communications to the A41, A1, M1
and M25.
» Bushey is strategically located near several key local towns and major film studios
at Elstree and Borehamwood.
» The site benefits from planning consent (16/0160/FUL) to construct a private gated
development of four detached four-bedroom houses and four three-bedroom
apartments with new access from Hillfiled Lane South together with associated
car parking and landscaping. The consent provides a total floor area of 25,114 sq ft.
» We understand there is a deed of variation amending the consent which replaces
the four three bedroom apartments with two detached four bedroom houses.
» The former equestrian facility has been demolished and cleared with development
on the consented residential dwellings at an advanced stage validating the
existing planning consent
» Active asset management available which includes completing the current
consented residential development or enhancing the existing residential planning
consent subject to the necessary consents.
» The site is also suitable for a range of alternative uses subject to the necessary
planning consents.
» Freehold.
OFFERS ARE INVITED FOR THE FREEHOLD INTEREST ON AN UNCONDITIONAL BASIS

The property comprises 2.75 hectares (6.8 acres) of land which was the former
Caldecote Farm Equestrian Facility. Planning as granted in February 2016 for a private
gated residential development of five detached four bedroom houses and four three
bedroom apartments together with new access from Hillfiled Lane South with associated
car parking. Variations to the plans and drawings was most recently granted consent in
May 2022. Plot 5 has been sold and does not form part of the sale.
The Equestrian facility has been demolished and construction works are at an advanced
stage on the four detached houses (Plots 1-4) and new access has been created onto
the site from Hillfield Lane South. The foundations have been laid for the two consented
buildings comprising 4x3 bedroom apartments (Units 5-8). More information on the
unfinished construction is available upon request.



Marketed by: Taylors Estate Agents, Watford