Watford Works,
North-West London

Features

• Off market acquisition from private investor
• Redundant 1990s 4 unit office park on an 8.5 acre site in Watford
• Business plan to develop a 180,000 sq ft of Grade A urban logistics park across 13 units, ranging from 7,000 sq ft to 26,000 sq ft

Purchase Rationale

• Regeneration of redundant office park into an urban logistics scheme
• High population density in immediate area and good transport links to Central London, the M25 and the Home Counties
• Excellent tenant demand for Grade A stock as occupiers seek to gain operational advantages from more operationally efficient buildings and limited supply

ESG

• Targetting BREEAM Excellent and EPC A rating
• Net Zero Carbon construction

Location

• Wosley Business Park, Watford, WD18 9BL