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Watford Borough Council snap up former Woolworths store

Peter Mitchell, head of propety at Watford Borough Council, outside the former Woolworths store in Watford town centre. Peter Mitchell, head of propety at Watford Borough Council, outside the former Woolworths store in Watford town centre.

Watford Borough Council has bought the former Woolworths store in the town centre.

The 45,000 sq ft, three floor unit, at 29/35 High Street, has been empty since Woolies closed its doors in January.

The purchase coincides with the announcement this week that the council is inviting tenders for the redevelopment of Charter Place – a scheme that could be worth between £150 million and £400 million.

The former Woolworths site is immediately adjacent to Charter Place, which is already owned by the council.

The council would not reveal the price they had paid for the former Woolies site, describing it as “commercially sensitive”, but Mayor Dorothy Thornhill said the purchase was a “great opportunity”.

She said: “We would have been mad not to have bought it. Despite the recession, completely refurbishing Charter Place is still a priority for the council."

The council will now seek to re-let its new property as soon as possible, either as a whole or in parts.

Peter Mitchell, head of property at Watford Borough Council, said: “We will be looking to re-let as soon as possible to open up Charter Place from the High Street and create a better shopping environment.”

It is believed there will be no structural changes to the shopping centre until after Easter 2012, but the council has planned a series of improvements to replace signs, and improve lighting and drainage.

Mark Poyner, of Brasier Freeth, added: "The purchase of the Woolworths building demonstrates the continuing commitment by the council to rejuvenate Watford town centre by taking a proactive approach to managing and extending their property portfolio whilst investing for the future benefit of shoppers and the local community.”

In March, the council revealed it was continuing to explore plans to redevelop Charter Place and had spoken to more than 20 companies. It is hoped the new designs will incorporate a cinema.

Previously, in January 2008, the council's five-year partnership with Capital Shopping Centres (CSC) ended, after refusing to allow the Charter Place redevelopment to become an extension of The Harlequin shopping centre, which is operated by CSC.

Comments(17)

Nascot says...
8:50pm Wed 3 Jun 09

Something is better than nothing.

Rob Ridley says...
9:07pm Wed 3 Jun 09

Announce the price paid , don't hide, let the public who are paying for it know the price!

HertsPeter says...
9:21pm Wed 3 Jun 09

As this has been paid for with OUR money we surely have a right to know how much was spent on it?

Arthur says...
9:26pm Wed 3 Jun 09

The big question is, if Downhill Dorothy has enough funds to buy this not inconsequental lump of real estate, how come, despite her manifesto promise we still pay the 4th highest council tax in the country?

How come she hasn't honoured the said manifesto pledge which was to reduce Watford's council tax to the county average (we pay 40% more than everyone else in Hertfordshire)?

How come having flogged off all our council houses and much more besides suddenly WBC is in the speculative commercial property business?

This premises connection with Charter Place in tenuous to say the least (It's got a couple of entrances, one per floor, in the furthest corner well away from the pedestrian hub.

The purchase price is not commercially sensitive information it is available to anyone willing to pay the Land Registry the princely sum of £14 - now there's a cheap scoop for the WO


Andrew1963 says...
9:27pm Wed 3 Jun 09

No one who lives in croxley green is paying anything as it is watford council who have made a wise move. If the owners of the Harlequin had bought the site the council would never be able to get the best deal possible for an investor to join the council in redevelopng charter place. Mind you the council missed the last big commercial property boom by flapping about 4 years ago - they will have to wait longer than 2012 to catch the next rising market. in the meantime charter place will decay as a cash cow asset. for sure the market stalls have had their day in their present form and location. by 2012 the 3 day market will be dead.

Alanr says...
9:38pm Wed 3 Jun 09

Why do people come shopping in Watford? Is it to visit the Harlequin centre or Charter Place and the High street? Just take a look at the Harlequin and compare it to the rest. WBC have no clue and should leave it to the professionals.

reality-bites says...
10:20pm Wed 3 Jun 09

What happened to our democratic and open council? - perhaps they hide the sums because they are linked to an expenses claim!
Perhaps they want another nightclub, to entertain even more mess-noise- crime making out of towners at our expense!

Bernard Goode says...
10:58pm Wed 3 Jun 09

yeh - reality-bites - right on - give us back our town from these plunderers! How much more damage will they do to Watford before the penny drops with voters?

thai rog says...
6:11am Thu 4 Jun 09

Cor Lummee. Dotty's rapid rebuttal squad are touchy today. Rob's point was " let the people who are paying for it know the price" Just what has Croxley got to do with it? Methinks such parochial thinking is unhelpful but predictable given the secrecy surrounding this "commercially sensitive" Dim acquisition. Woolies/Limp Dumbs; a perfect match.

thai rog says...
6:11am Thu 4 Jun 09

Cor Lummee. Dotty's rapid rebuttal squad are touchy today. Rob's point was " let the people who are paying for it know the price" Just what has Croxley got to do with it? Methinks such parochial thinking is unhelpful but predictable given the secrecy surrounding this "commercially sensitive" Dim acquisition. Woolies/Limp Dumbs; a perfect match.

bishopofwatford says...
6:26am Thu 4 Jun 09

well well well and a terrific good morning to my flock even those in the neighbouring bishopric of croxley green.

i seem to remember that jusy after woolies went pear shape i posted a suggestion in respect of woolies site / the market and a central bus terminus

well it actually looks like something i have been pontificating about might actually have the potential to be feasible.!!!

shock horror alleged man of the cloth -- i think we might be onto something

for those of u who do not pay attention to my sermons --as quite likely u all have lives to lead etc


here was and still is my proposal
1) acquire woolies site - job done
2) - move the marketers into a new home theres plenty of space i walked round the market this week and counted easily over 30 empty individual pitches.

redevelop the market site into a central watford transport hub or terminus as i do not like jargon

when the harlequin centre realises that it doesnt have a usp
and slashes its rents and charges encourage those who want to to move into one level of the harlequin so gradually u have branded shops on one level and far nicer individual traders on the other.

when the job is completed ie all market traders rehoused in actually affordable harlequin berths

finally as wbc own the site they can either sell it or reassign it?

my suggestion for this is an animal santuary for maltreated creature from all over my see

i could name some now and not all of of animal origin!!!


stil we are bordering onto religion there
and that would not be euro or county electorally advisable

not yet...

still i off to replumb the font with a cnoice of draught lucosade or watford tap water.


keep the faith












Garston Tony says...
8:34am Thu 4 Jun 09

Wilkison seems to have a massive chip on his shoulder about something,, what a random comment to make.

I agree that as tax payers we have a right to know how much the council has spent on this property. Nothing the council spends money on should be a secret from us who ultimately are paying for it. I don't mind if its part of a bigger scheme to redevelop that area as it needs something doing to it but why the secrecy?

Mike Watford says...
12:03pm Thu 4 Jun 09

This is an astute investment by the Council. The reason the amount paid will be 'commercially sensitive'(all organisations do this with investment purchases) is that the council will want to get the best possible price for tax-payers when they come to sell. If it is known now - potential purchasers in the future will know. Standard practice.

Watford_Paddy says...
1:42pm Thu 4 Jun 09

Here Here, Wilkinson has a massive chip on his shoulder...

I think it would be great if there was a farmers market or a kids adventure playground so parents could drop off their kids for a couple of hours whilst they shopped.

Wilkinson says...
7:08pm Thu 4 Jun 09

Watford_Paddy wrote:
Here Here, Wilkinson has a massive chip on his shoulder... I think it would be great if there was a farmers market or a kids adventure playground so parents could drop off their kids for a couple of hours whilst they shopped.
Years of social deprivation and a corrupt political system lead a man down such roads.

mummy_1 says...
9:11pm Thu 4 Jun 09

This will be another white elephant and in a couple of years the council will shelve the reason(s)the purchase was made.

Some astute business person or corperation will come along and buy it for a fraction of the (unknown)price the council paid for it and we the tax-payer will foot the bill!

mummy_1 says...
9:11pm Thu 4 Jun 09

This will be another white elephant and in a couple of years the council will shelve the reason(s)the purchase was made.

Some astute business person or corperation will come along and buy it for a fraction of the (unknown)price the council paid for it and we the tax-payer will foot the bill!

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