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Caversham Road Reading RG1

Residential Mixed-Use Development Opportunity
For sale

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.

Price on application.

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