The opportunity
A 2.4 acre site consisting of a 42,000 sq ft hybrid office and industrial building with 130 surface car parking spaces with short term income. The site was acquired with medium asset management and redevelopment potential.
The result
Planning permission was granted by Hertsmere Council for the redevelopment of the site to provide 64,000 sq ft of new Grade A office accommodation over 3 floors, with 180 car parking spaces and associated cycle spaces.
The development will achieve a net zero carbon rating.
64,000
Sq.ft
£35M
GDV
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