Currently comprising of 2 commercial units on the ground floor and 4 flats located on the ground and upper floors
Development potential to configure the existing units and add space to the rear to retain the existing 2 commercial units and have 7 flats in the uppers parts and rear (subject to the requisite consents)
A positive pre application has been received in relation to the redevelopment of the property - please refer to drawings and legal pack
Central Reading location an approx. 0.3 miles from the centre of Reading
One of the buildings is Grade II listed and has planning permission for 3 x one bedroom flats
Drawings have been created to convert the 1960's office into 28 residential units
There is live pre-app for 53 co-living units (please refer to legal pack)
Further development potential to add an additional storey to the main office block and add additional space in the car park (subject to the requisite consents)
Immediate asset management opportunities in its current format.