Hauptstraße, Potters Bar

** DEVELOPMENT OPPORTUNITY WITH PLANNING PERMISSION FOR SALE BY AN INFORMAL TENDER - OFFERS TO BE RECEIVED BY MIDDAY 5TH DECEMBER ’25 **
Situated on High Street, Potters Bar, this former learning centre has planning permission granted to create 3 brand new 3 bedroom houses, 6 brand new 2 bedroom apartments, with the Grade II listed building having planning permission to be converted into offices. There is also residents parking.
We understand the the site has a total GIA of circa 840sqm (9,034sqft) split between the existing building and the Grade II listed building. The total NIA development area is circa 790sqm (8,500sqft)
Located in the heart of Potters Bar within close proximity to many shops, restaurants, leisure facilities including Revive fitness and Furzefield sports centre. Potters Bar mainline station is approximately 20 minutes away and provides a fast train service into Kings Cross (approx. 20 minutes). Access to junction 23 and 24 of the M25 and the A1(M) are also within easy reach.
There are also several highly regarded schools within the area including Cranborne Primary School, Lochinver House School for Boys, Stormont School for Girls, Little Heath Primary School, Pope Paul Catholic Primary School and Dame Alice Owen and Mount Grace Secondary Schools.
Planning Permission Ref: 23/1241/LBC & 23/1240/FUL
We understand that the CIL payment is £161,636.312 (TBC)
THE PROPERTY IS FOR SALE FREEHOLD BY WAY OF AN INFORMAL TENDER (UNLESS SOLD PRIOR) FOR OFFERS IN EXCESS OF £1,000,0000 SUBJECT TO CONTRACT.
PLEASE NOTE THAT THERE IS AN OVEREDGE CLAUSE WHICH STATES THAT PAYMNET WOULD BE DUE OF 50% OF ANY UPLIFT IN PROFIT IF THE SITE IS RESOLD WITHIN 2 YEARS OF OWNERSHIP
VIEWING BY APPOINTMENT ONLY THIS WEDNESDAY 11AM - 2PM
FOR FURTHER DETAILS PLEASE CONTACT STATONS NEW HOMES ON [hidden information]
Local Authority: Hertfordshire
Council Tax Band: TBC Tenure: TBC