Radio Nurseries
Oaklands Lane, Smallford, St Albans, AL4 0HS
A former nursery, situated in the metropolitan greenbelt with detailed planning permission for 27 houses.
Acquired off-market on behalf of clients.
This highly sought-after site was previously used to grow cucumbers, which supplied the nation’s supermarkets. After a lengthy planning application, the Local Planning Authority approved Reserved Matters for 27 houses and we negotiated terms between the landowner and our client, with completion taking place 8 weeks later.
Investment Summary
Planning Status:
Detailed Planning Permission
NIA:
34,572 Sq Ft
No of units:
27 houses
Site area:
5.7 acres
Est GDV:
£19,000,000
Land Value:
£6,500,000
