**Standout Features:**
- Unique Grade 2 listed building with historical significance
- Large plot size of approximately 0.29 acres
- Flexible usage potential pending planning consents
- Exceptional mobile signal and fast broadband speeds
- Located in a vibrant urban area with cultural mix
**Notable Concerns:**
- Requires planning permissions for conversion
- Current occupancy with tenants in situ
- Overgage payment implication for residential development
This extraordinary Grade 2 listed building in Reading presents a unique opportunity for developers and investors seeking a project with character and potential. Originally part of historic military barracks, this striking Victorian structure boasts approximately 0.29 acres of land, allowing the possibility for diverse uses (subject to planning consents). The property has been home to local artist groups for the past 30 years, showcasing its cultural significance and community ties.
While the building does require planning permissions for conversion and comes with an overage payment condition concerning the external courtyard area, these factors could lead to high-value returns for the right buyer. The property is sold with tenants in place, offering immediate income support or the chance for buyer-led re-structuring.
Located within close proximity to well-rated schools and various local amenities, including eateries and public transport, this site combines exclusivity with convenience. Enthusiasts of historical architecture or those with a vision for urban redevelopment will find immense potential here. Act now—properties like this are rare and command attention in today’s market! Offers are invited by 12 noon on December 12, 2024, so don't miss out on your chance to transform this landmark.
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