Land for sale in Church Street, Caversham, Reading, Berkshire RG4

£950,000
Interested in this property? Call +44 118 443 9016 * or Request Details

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Land for sale

6 2 2 EPC Rating: C EPC Rating: C

Tenure:
Freehold
Council tax band:
Not yet known - A band has not yet been confirmed.

Property features

  • Mixed Use Development Opportunity
  • Two Commercial Units with High Street Frontage
  • Over 4000 sq. Ft. Of accomodation
  • Planning in Place
  • Plan for 3 Bed Semi-Detached House
  • 3 Apartments
  • 2 x 1 Bedroom 1st Floor Apartments
  • 1 x 2 Bedroom 2nd Floor Apartment
  • Cil Approximately £9500
  • Section 106 Contribution of £19,250

Property description

An exciting opportunity to acquire this mixed use development in this prominent location in the centre of Caversham. The property currently consists of two commercial units with a large a six bedroom, two bathroom apartment spread across the upper floors and a yard to the rear. The plans are to retain the commercial units, one of which is take away food outlet currently let on a short term 'rolling' lease and the other which is a vacant former cafe. Planning is in to develop the site to create a contemporary three bedroom house to the rear with parking and a courtyard and convert the existing upper floors. The conversion will include three apartments, one of which will be a 2 bedroom top floor unit of approximately 70 sq. Mts. And two 1 bedroom apartments. The one bedroom apartments are generous in size at 538sq. Ft. (50 sq. Mtrs.) and 592sq. Ft. (55 sq. Mtrs). And will both be on the first floor. Located in one of Reading's favoured, thriving locations, close to a host of local restaurants, bars, cafes and directly opposite Waitrose as well as being a short walk to the River Thames and Reading Station this development offers the buyer a prime development opportunity.

Location: Church Street is the high street running through Caversham between Bridge Street and Gosbrook Road. It is the main thoroughfares through Caversham and home to a Waitrose, the Caversham Precinct and a number of cafes, restaurants and hair dressers. It is in the centre of Caversham and and easy walk to the River Thames and Reading train station. Caversham lies on the north bank of the River Thames and is easily accessible by Caversham Bridge, Reading Bridge and Caversham Lock, Christchurch pedestrian bridge with Sonning Bridge a few miles to the east. The centre of Caversham features a fantastic range of shops including a Waitrose and is complemented by a good number of bars, pubs and restaurants. The local area has some fine schools including Queen Anne’s Caversham, Shiplake College, Reading Bluecoat and Reading School. The M4 is an easy drive away and reading train station has fast connections to London in under 25 minutes.

Property info

Floorplan(s): Floorplan

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For more information about this property, please contact
Winkworth - Reading, RG1 on +44 118 443 9016 * (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 Winkworth - Reading, and do not constitute property particulars. Please contact Winkworth - Reading 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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