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High Street Gateway

At a Glance

Promoter: Watford Borough Council

Location: WD17 2NB

Total Site Area: 0.75 acres

The Investment Proposition: Sale of the site

Asset Class: Residential

Planning Status: Allocated in local plan

Delivery Timescale: Anticipated in late 2025

GDV: The Derby Road site £80m, part of the High Street Gateway development £125m

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Site Description

As part of a wider development, a prominent site of 1.82 acres will shortly come to the market. 

The site is located at the end of Watford's High Street, close to a thriving retail destination and on the edge of Watford town centre. This site is suitable for tall buildings at a key gateway into Watford town centre. Feasibility work indicates that the site could accommodate c. 200 homes but limited car parking spaces. 

The site offers excellent accessibility, being just 100 yards from a tube station and a 10-minute walk to Watford Junction mainline station. Vacant possession can be arranged with 6 months' notice. This could be ideal for a build-to-rent project. 

A formal disposal decision is expected within the next few months.