Nestled at the northern end of High Street (A1000), Hollies House offers a strategic position in a vibrant area characterized by a mix of retail, office spaces, and industrial units. This location benefits from its proximity to local amenities, ensuring convenience for both residents and potential commercial tenants. The building sits close to established popular spots like the Green Man Public House, enhancing its appeal while also providing easy access to essential services.
The surrounding environment features a variety of local attractions. To the south, the Potters Bar Bus Garage and Potters Bar Town Football Club cater to both transportation needs and recreational activities. Nearby green spaces, including Parkfield Open Space and Oakmere Park, offer opportunities for leisure and relaxation within walking distance. Additionally, Morven Park to the north adds to the charm of the area as it is now part of a small green belt, emphasizing the property's allure as a development site.
Hollies House itself is a five-storey mixed-use structure that currently accommodates both office and residential purposes. Comprising approximately 2,442 square meters of land, it features office space on the ground and first floors while housing 24 two-bedroom residential units across the second to fourth floors. Each floor contains eight flats, making it an attractive option for investors looking to capitalize on rental demand.
The property includes dedicated parking facilities with space for up to 52 vehicles in a secure rear lot, complemented by additional front forecourt parking for eight more. The flexible layout presents renovation possibilities that could enhance its value significantly. With no conservation area restrictions or flood risk concerns hindering development plans, there exists substantial scope for creative reinvention or expansion that can meet evolving market demands. Hollies House represents an exceptional investment opportunity with strong potential in an engaging community setting.
