A 19-acre plot of “potential development land” on the edge of Watford has been put up for sale for £3 million.
Over the weekend, a listing inviting offers for the freehold between Gypsy Lane and the Hunton Park Hotel, near Abbots Langley, was shared by property consultant Bidwells.
It is currently in agricultural use as permanent pasture but could apparently present an opportunity for developers with its “strategic” location highlighted in the listing.
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The land is described as an “opportunity to purchase an attractive parcel of potential development land adjacent to an urban centre and in close proximity to national transport links and Central London”.
“The site directly adjoins residential development and a substantial film studio development which has been established and expanded over the past ten years,” it adds.
“The sale presents the opportunity for alternative uses to be explored (subject to planning).”
Bidwells is looking for offers “in excess” of the £3 million price displayed.
The 19.11-acre patch of land, around the size of 10 football pitches, is within the green belt and there is no existing planning permission for a development there.
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