Caversham Road, Reading, Berkshire, RG1
- SIZE AVAILABLE
17,222 sq ft
1,600 sq m
- SECTOR
Residential development for sale
Key features
- 0.16 hectares (0.39 acres) site
- 600 meters from Reading Railway Station
- planning permission granted for the partial demolition of former retail warehouse
- Residential Mixed-Use Development Opportunity
Description
The existing site extends to approximately 0.16 hectares (0.39 acres) and currently consists of a vacant warehouse with service yard to the rear.
Excellently located with Reading Railway Station only 600 metres away providing direct access to London Paddington via the Elizabeth Line.
Planning permission (Ref: PP: 20922) was granted in March 2024 for the "partial demolition of former retail warehouse and the erection of a mixed-use building comprising 29 residential units, retail floorspace (Use Class E(a)) at ground floor and associated car parking, cycle parking and landscaping."
The proposed residential accommodation will be arranged as 22 x 1 beds, 6 x 2 beds and 1 x 3 bed offering a total of 1,694.7 sq.m (18,220 sq.ft) of net saleable space, the proposed ground floor commercial area will measure 296.98 sq.m (3,197 sq.ft) GIA.
PROPOSAL
Offers in Excess of £1,850,000 (One Million Eight Hundred and Fifty Thousand Pounds) subject to contract.
Contact Matthew Sheldon to request further information +44 (0)
Caversham Road, Reading, Berkshire, RG1
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Reading Station0.2 miles
- Reading West Station0.8 miles
- Tilehurst Station2.4 miles
A London based boutique property consultancy with a global track record. We are investment and development land specialists, primarily selling land and buildings with and without planning permission, with a focus on residential blocks and commercial investment opportunities in retail, leisure and office space. We also act on behalf of clients on residential and commercial acquisitions.
Established in 1983 with exceptional combined experience, our dynamic team of fourteen work tirelessly
Notes
Disclaimer - Property reference CavershamRoad. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by ESTATE OFFICE INVESTMENTS LIMITED, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Map data ©OpenStreetMap contributors.