Acquisition history
Computer generated image of a proposed scheme for Cow Lane, Watford

About Cow Lane, Watford

Location
Watford, WD25 9PJ
Size
4 Acres
Type
Mixed Use
Status
Sold
Year purchased
2007
 

On behalf of overseas investors, Oracle sourced this four acre site from Sun Chemicals in 2007. We obtained outline planning permission for 225 residential units and 20,000 sq ft of commercial space.

The site was heavily contaminated and we undertook a 12 month decontamination programme, costing £1.5m. After the site was remediated, it was sold for £20.9m with planning consent to Barratt Homes.