The existing property comprises a single-storey commercial building and associated land occupying a broadly rectangular site, extending to approximately 0.21 acres. We understand the building was previously occupied as a dental surgery.
Access to the site is taken directly via Eldon Road with a separate entrance via Eldon Terrace which provides access to 5 private car parking spaces.
The property is located on Eldon Road in Reading, a large town within the County of Berkshire approximately 30 miles to the west of Central London.
The site lies within the Eldon Square Conversation Area and the immediate area comprises mainly residential uses, comprising an array of Grade II listed dwellings along both sides of Eldon Road.
The numerous shops and amenities of Reading town centre are located approximately 0.7 miles to the west of the site.
Reading Station is located approximately 0.8 miles to the north-west of the property, currently providing National Rail services to London Paddington in circa 25 minutes and Liverpool Street in circa 60 minutes. The station will be operating as a Crossrail / Elizabeth Line hub in due course.
A resolution to grant planning permission was granted at committee on 6th February 2019 (ref:180591) for the demolition of the existing building and erection of part 3, part 5 storey building to provide 7 apartments (3 x 1 bed & 4 x 2 bed units) alongside 5 parking spaces.
The property is to be sold freehold with vacant possession upon completion.
• Single-storey commercial building occupying a broadly rectangular site, extending to approximately 0.21 acres
• Planning permission for the demolition of the existing building and erection of part 3, part 5 storey building comprising 7 residential units (3 x 1 bed & 4 x 2 bed apartments), forming 4,615 sq.ft NSA of residential floorspace
• Sought-after location close to the shops and amenities of Reading town centre and within walking distance of Reading Station, which will operate Crossrail services
• Offers invited in excess of £600,000 freehold
This commercial property for sale is located in Reading
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