The subject property is located in the heart of Bushey, an affluent Hertfordshire suburb less than 2.0 kilometres (1.24 miles) south-east of Watford and approximately 25.75 kilometres (16 miles) north-west of central London.
While Bushey is conveniently located near major town/city centres like Watford and London, with its ancient church, duck pond and period cottages it manages to retain the feel of a quaint village.
The property benefits from excellent public transport links. Bushey London Overground and Rail Station is 1.22 kilometres (0.76 miles) miles to the west of the property and Watford Junction Station is 2.86 kilometres (1.78 miles) to the north west. Stanmore Station London Underground Station (Jubilee Line) is 5.26 kilometres (3.27 miles) to the south-east. There are frequent direct rail services from Bushey Station to London Euston Station, with a journey time of circa 19 minutes.
The location is well served for road communications lying approximately 8.0 kilometres (4.97 miles) to the south-east and south of Junctions 20 and 21 respectively, of the M25 motorway. Junction 5 of the M1 is 2.87 kilometres (1.78 miles) to the north.
The property comprises an imposing building, which was originally built around 1905 and has a gross internal area of approximately 358.33 square metres (3,857 square feet) and is arranged over basement, ground, first & second floors.
The basement, ground and majority first floor were previously occupied by a bank and are vacant.
The remainder of the first floor and the entire second floor consists of a large 2 bedroom flat, which is let on a single AST generating £950 per calendar month / £11,400 per annum.
The property has development potential for conversion into residential use but we feel that the property would be ideally suited for use as a nursery school, subject to obtaining the necessary planning consents.
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