Redevelopment plans for a former bank in Watford have moved a step closer after the site was sold to a developer.
Permission was granted in early 2019 to turn the old Lloyds Bank in St Albans Road into a building of 14 flats and retail units.The former Lloyds bank at the junction of St Albans Road and Langley Road
Ben Howard, land and development manager at Perry Holt Chartered Surveyors, which was marketing the property, said: “We are delighted to see this transaction over the line on behalf of our client. “The building is in a highly prominent and sustainable location, so future residents will have public transport on their doorstep. The proposed development compliments the regeneration of the St Albans Road area nicely.
“We believe the new owner will be starting the project soon and is excited to be providing high end apartment living with much needed new commercial retail units.”The approved redevelopment scheme Under the plans, which were approved on appeal, an extension will be built on top of the existing bank façade.
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