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At a Glance
Promoter: Broxbourne Borough Council
Location: EN8 7AJ
The Investment Proposition: Sale of site or joint venture partner
Planning Authority: Broxbourne Borough Council
Asset Class: Living & Residential, Office, Commercial
Total Site Area: 1 acre
GDV: £30m+
Planning Status: Not yet applied for
Delivery Timescale: Vacant possession June 2027. Planning application anticipated: January 2026. Planning and investment decision: June 2026
Site Description
Waltham Cross Town Centre is in receipt of £14m levelling up funding to improve the infrastructure in and around the town centre, which is currently being implemented.
Broxbourne Borough Council owns a parade of shops on the Northern High Street, opposite the Pavilions Shopping Centre, which will directly benefit from the infrastructure improvements being carried out. It is currently carrying out feasibility studies for the development of this parade, which should provide a mixture of commercial and living space for up to six storeys. The town is in close proximity to two train stations giving direct access to London Liverpool Street Station and connections to the London Underground (Victoria Line). The council is looking to achieve planning permission and dispose of the site or develop the site with a joint venture partner.
The site is located in the town centre and offers a commercial/residential mixed-use opportunity on a one acre site. It also presents a Build-to-Rent (BTR) opportunity with approximately 100 residential units anticipated. The ground floor is expected to include leisure/commercial uses, and there is potential for amalgamation with adjoining sites.