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Church Road, Caversham, Reading, RG4

Development Plot in Caversham

Price On Application Freehold

  • Floorplan

PICTURES AND VIDEOS

KEY FEATURES

  • Exciting Commercial or Mixed Use Development Opportunity
  • Former Barclays Bank Building Closed in 2020
  • Prominent Central Caversham Location
  • Over 3000sq ft (290m2) of Space
  • Planning Approved for 3 Apartments on Upper Floors and 2 Ground Floor Commercial Units
  • Reading Borough Council Planning Application Number 240068

KEY INFORMATION

  • Tenure: Freehold

Description

An exceptional opportunity to acquire one of Caversham’s most notable landmark buildings, the former Barclays Bank prominently positioned on the junction of Church Street, Church Road and Bridge Street. Having been closed since 2020, this striking and characterful building presents a rare chance for a new owner to revive and reimagine a highly recognisable property at the heart of the local community.
Extending to over 3,000 sq ft (approximately 290 sq mtrs) of accommodation arranged across two floors, the building retains a number of distinctive original features, including the reinforced bank vault, offering the potential to create a truly unique commercial or mixed-use scheme in a prime and highly visible location.
The property benefits from planning consent to convert the upper parts of the building into residential accommodation. The approved plans provide for three apartments comprising a one-bedroom and a two-bedroom apartment on the first floor, together with a further two-bedroom apartment within the loft space. In addition, the consent allows for two separate commercial units at ground floor level, offering flexibility for a variety of occupiers.
Given its prominent position and generous internal space, the building offers excellent potential for a range of commercial uses including a restaurant, bar, gym, retail premises, or office space. The property would suit an owner-occupier seeking a distinctive home for their business, as well as investors looking for either a fully commercial investment or an attractive mixed-use commercial and residential development opportunity.
Overall, this is a rare chance to secure a landmark building with significant development potential in one of Caversham’s most desirable and central locations.

Location

Set at the start of Church Street just over Caversham Bridge and the River Thames. Church Street is the high street running through Caversham between Bridge Street and Gosbrook Road. It is the main thoroughfares through Caversham and home to a Waitrose, the Caversham Precinct and a number of cafes, restaurants and hair dressers. It is in the centre of Caversham and and easy walk to the River Thames and Reading train station. Caversham lies on the north bank of the River Thames and is easily accessible by Caversham Bridge, Reading Bridge and Caversham Lock, Christchurch pedestrian bridge with Sonning Bridge a few miles to the east. The centre of Caversham features a fantastic range of shops including a Waitrose and is complemented by a good number of bars, pubs and restaurants. The local area has some fine schools including Queen Anne’s Caversham, Shiplake College, Reading Bluecoat and Reading School. The M4 is an easy drive away and reading train station has fast connections to London in under 25 minutes.
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Meet the Team

Located just 36 miles from Central London and 24 miles from Oxford, Reading's geographical placement is perfect for living and working or commuting. Michael and James are established professionals who have years of combined experience and local knowledge and can offer you a friendly approach and unparalleled service.

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