The singer served as a judge on the show for three years, before moving to The X Factor USA and eventually being axed.
"If I'm here I'll absolutely be watching," she told Daybreak's Richard Arnold, adding that she is still a fan of the programme.
Speaking of her upcoming tour, she continued: "I've done the huge arena tours with Girls Aloud before, but to do it on my own is still a daunting prospect."
On talk of a Girls Aloud reunion, Cole said: "Our tenth anniversary is this year. It's a massive achievement. It's exciting to be back doing something - our birthday is in November."
Nicola Roberts has also hinted that the band will reform in November.
Cole also added that she "loves" Tom Daley following their recent Twitter exchange and described Prince Harry as a "great lad".
Watch Cheryl Cole's video for 'Under The Sun' below: