Freehold Residential and Restaurant Building For Sale - Bushey WD23

Development potential STPP


30 High Street, 
BUSHEY WD23 3HL


Available to buy freehold




Site area: 434.0 sq.m. (4671 sq.ft.)

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) 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.


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Description:

The property comprises a imposing building, which was originally built around 1842, and has been substantially extended more recently. The property has a gross internal area of approximately 323.05 square metres (3,477 square feet). The space is arranged over ground and first floors. The ground floor is impressively fitted out as a restaurant and the first floor is a self contained 4 bedroom flat.

In addition there are two separate storage buildings and a further small storage building (towards the end of the access way / parking area), which have a combined gross internal area of approximately 39.61 square metres (426 square feet).

While the property is located within the Bushey High Street Conservation Area, subject to obtaining the necessary consents, there is some development potential for reconfiguration of the property, and potential for additional built space. The property may also be suitable for alternative planning uses and/or for a greater proportion of residential accommodation.

The benefit of goodwill established in the highly regarded and popular St James Restaurant, which has been successfully established since 1997 and operating from the ground floor of the property, along with the fixtures, fittings and stock (an inventory of which will shortly be available to download from our website) will pass to the buyer. Copies of the past three years accounts for the operational restaurant can be made available to substantiated interested parties. 

Accommodation:
Site area: 434.0 sq.m. (4671 sq.ft. / 0.11 acres) 

comprising:

Ground Floor 226.44 sq.m / 2437 sq.ft
Restaurant, kitchen, bar, wash & prep area, fitted chiller & freezer and additional External covered smoking area 19.15 sq.m (106 sq.ft)
First Floor 96.61 sq.m / 1039 sq.ft
Self contained 4 bedroom flat (separate entrance from the High Street)
Ground Floor Rear 1 37.88 sq.m / 407 sq.ft
Small store including covered storage
Ground Floor Rear 2 17.19 sq.m / 185 sq.ft
Small store with walk in chiller
Ground Floor Rear 3 12.93 sq.m / 139 sq.ft
Small store (Right to Use)
Terms:
Freehold for sale with vacant possession save for the fixtures & fittings etc associated with the long established restaurant business which will remain in place.
Service charge:
n/a
Local authority:
Hertsmere Borough Council
Viewings:
By prior appointment with Gilmartin Ley, telephone 020 8882 0111 - Click here for Enquiries
Reference:
28375    Updated: 18 Aug 2020