5,100 sq ft
For Sale
D1 / Development
Property Type | D1 / Development |
Tenure | For Sale |
Size | 5,100 sq ft |
Price | Offers in excess of £775,000.00 |
Energy Performance Rating | Upon enquiry |
The site is located 3.5 miles from Reading Town Centre and Reading Train Station, offering regular rail service to London Paddington. Junction 11 of the M4 is one mile away and provides excellent vehicular access east to the M25 and London, whilst west to Newbury and Swindon.
The location of the site provides good access to the local amenities and there are also supermarkets in close proximity on Basingstoke Road.
The site area is approximately 0.35 acres and benefits from a primary building with two further modular buildings demised within the rear children’s playground. In front of the main building is demised car parking for 7-8 vehicles.
The property consists of a two storey building of brick construction which appears to have been converted from a two bedroom residential dwelling with further modular buildings to the rear, combined offering gross internal area of circa 5,100 sq.ft. Externally, the property presents well and appears well-maintained. The interior is in good decorative order throughout and can continue to be utilised for its existing use without the need for significant capital expenditure in the near future.
The consented use of the property is F1 (D1-Non Residential Institutions) and would be ideal for continued use for Education / Place of Worship.
The site offers clear development potential which we have had a feasibility scheme drawn up for - available on request.
Approx. 5,100 sq.ft. internal area on a 0.35 acre plot.
The property is available by way of freehold and is available with the benefit of vacant possession.
We have been advised that mains water, electricity, gas and drainage are available - these have not been tested by the agents. It is recommended thatpurchasers’ and their advisors’ make the necessary enquiries for verifification.
VAT will be payable on the purchase price.
Unconditional offers are invited in excess of £775,000 for the unencumbered freehold interest with vacant possession.
The Vendor is a registered Charitable Organisation.
Copies of floorplans and land registry title documents are available upon request.
Viewings are via prior appointment only and can be organised via the joint sole agents.