Under Offer
Church Road, Caversham, Reading, RG4
Development Plot in Caversham
Price On Application Freehold
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
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
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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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