Project Description

The site is situated a mile to the north of Watford Town Centre at the corner of Bushey Mill Lane and Greycaine Road within three miles of the M1 (Junction 5) and M25 (Junctions 20 & 21). Watford North railway station is approximately 150 metres from the site.

Sitting on a site of 0.57 hectares (1.42 acres), the previous properties consisted of a single-storey office block, a two-storey office block, an industrial warehouse, industrial workshops and a storage yard to the rear.

Planning permission was granted in July 2013 for the demolition of the existing buildings and erection of new units with B1, B2 and B8 uses, a service yard and car parking.

Watford Trade Park provides seven trade counter units ranging in size from 2,580 sq ft – 6,030 sq ft.

The building works completed in May 2017.

Lettings were agreed to National Tyres, TLC, Saint Gobain, National Windscreens and Neatsmith and the asset disposed of.

Our Role – Development & Project Management

Managing the project from conception through to completion, which comprised:-

  • Identifying market demand
  • Ensuring the scheme was financially viable
  • Selection and appointment of the professional team
  • Preparing appraisals and cashflows
  • Preparing the cost plan
  • Working up a detailed design with the professional team
  • Overseeing the preparation of the tender documentation
  • Issue of the tender report
  • Selecting and appointing the demolition contractor and main contractor
  • Monitoring the build contract and professional team
  • Issuing practical completion
  • Signing off snagging works