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Overdene House, Reading

For sale: POA|236.7 Sq M|Office, Other, Offices, Other Property Types & Opportunities

PROPERTY DETAILS

FOR SALEPOA
SIZE236.7 Sq M
ADDRESSOverdene House, Reading, Reading, RG7 5BX
TYPEOffice, Other, Offices, Other Property Types & Opportunities
TENUREFor Sale Freehold
POSTED ON25th August 2020

DESCRIPTION

Key Points

  • Offers invited on a subject to planning and unconditional basis
  • Suitable for immediate office use
  • Residential conversion/development potential
  • Ample car parking
  • Walking distance to Theale Railway Station
  • Available Freehold with Vacant Possession
  • Summary

    An office building with conversion/development potential available for sale within the popular and sought after village of Theale

    Description

    The property comprises a generally level, almost rectangular shaped site which includes a partially attached semi-detached Grade II Listed office building and associated car parking. The building is planned over four storeys and is of residential appearance. It provides office accommodation throughout of approximately 236.7 sq. m. (2,548 sq. ft.) (NIA). The property is bordered by residential dwellings at its southern and eastern boundaries, an office building at its western boundary and Church Street at its northern boundary. The total site area is approximately 0.06 hectares (0.14 acres). We would refer you to the photographs within the particulars of sale for further information.

    Viewings

    Viewings of the property are strictly by appointment only.

    Location

    The property is situated on the south side of Church Street, in a mixed use location within the popular and sought after village of Theale, Berkshire. It lies within easy walking distance of many local amenities including shops, pubs, a primary school and Theale Railway Station. Reading town centre with its multiple facilities lies approximately 5.5 miles to the north east. Once complete the £14.8bn Crossrail service will be departing from Reading twice hourly, providing direct services through the city of London to Shenfield, with Bond Street accessible in under one hour. Crossrail will deliver cutting edge, high capacity trains which will help reduce overcrowding at peak times and provide a cleaner, more environmentally friendly rail service into central London. Junction 12 of the M4 motorway and the A4 lie approximately 1.0 mile to the north east. A copy of an Ordnance Survey Extract Plan can be found within the particulars of sale.

    Tenure

    The property will be sold freehold with vacant possession.

    Rating

    The property lies within the administrative authority of West Berkshire Council (the Rating Authority) and is shown in the Valuation List as having a Rateable Value of £19,750.

    Services

    We are advised that mains electricity, gas, water and drainage services are available in the vicinity for connection to the site. However, prospective purchasers are advised to make their own independent enquiries of the individual authorities to verify the capacity and availability of such services.

    Planning

    At present, no recent planning applications have been submitted for the development of the site. However, pre-application advice was sought from the local planning authority in July 2016 (the report can be found in the Technical Information Pack). The report contains positive comments of the suggested conversion to 7x self-contained residential flats with associated car parking. In October 2004, the property was granted planning consent for a rear extension “to accommodate additional multi-purpose office space/seminar facilities.” We believe the property still benefits from potential to undertake rear extension works, subject to planning. Any planning related queries should be directed to the Local Planning Authority: West Berkshire Council Council Offices Market Street Newbury Berkshire RG14 5LD Telephone: 01635 519111 Web: www.westberks.gov.uk

    Method of Sale

    Please refer to the particulars of sale for further details on the Method of Sale.

    Technical Information Pack

    A copy of the Technical Information Pack is accessible via our Data Room. Login details are available upon request.

    LOCATION

    Location: Overdene House, Reading, Reading, RG7 5BX

    Theale (0.3 miles)

    Tilehurst (3.4 miles)

    Pangbourne (3.4 miles)

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