Land for sale in Caversham Road, Reading RG1

Offers over £1,850,000 (£4,743,589.74/ac)
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Land for sale

0.4 ac*

Property 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.

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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Estate Office, NW8 on +44 20 7768 1786 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Estate Office, and do not constitute property particulars. Please contact Estate Office for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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