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Agent's details

Property agent
Ed Sandall

Corn Stores, 10 Forbury Road, RG1

For sale: £1,250,000.00|To rent: ROA|6,530 Sq Ft|Pubs/Bars/Clubs, Restaurants/Cafes, Licensed & Leisure

Property details

FOR SALE£1,250,000.00
TO RENTROA
SIZE6,530 Sq Ft
ADDRESSCorn Stores, 10 Forbury Road, Reading, RG1 1SB
TYPEPubs/Bars/Clubs, Restaurants/Cafes, Licensed & Leisure
TENURETo Let, Under Offer, For Sale Freehold, For Sale Leasehold
POSTED ON6th May 2025

Description

Key Points

  • Centrally located within Reading town centre
  • Short walking distance to Reading railway station with direct routes to London via railway services and the Elizabeth line
  • High footfall in the immediate area due to nearby offices and central business district
  • Large fully fitted commercial kitchen
  • Total Gross Internal Area of approximately 6,530 sq ft
  • Suitable for alternative uses subject to obtaining the necessary planning consents
  • We are seeking £1,250,000 for the freehold interest in the property and our client will consider leasehold offers
  • Trade areas have benefitted from significant recent investment
  • Benefit of an external trading area to the rear
  • Summary

    Prominent Grade II Listed licensed restaurant in Reading Town Centre available For Sale Freehold or To Let

    Description

    The Corn Stores is a four storey Grade II Listed terraced property of brick construction with a part stone façade beneath a pitched slate roof with a parapet gable.

    Location

    Reading is a large town situated within Berkshire approximately 40 miles west of London. The town benefits from excellent transport links with accessible rail services and road networks. London Heathrow Airport is located circa 25 miles away.

    The property fronts Forbury Road, a short walk from Reading railway station which has direct routes London via the overground and underground. The immediate area comprises mainly offices with Friar Street, Broad Street and The Oracle Shopping Centre nearby comprising a number of shops, restaurants, cafes, pubs and bars.

    Availability_text

    The accommodation comprises the following areas:

    The pub is laid out over ground, first, second and third floors.

    Ground Floor
    The ground floor provides a main bar servery and restaurant area for circa 50covers seated and a reception area. Ancillary areas provide three customer WC’s, accessible WC and a number of stores with access to the dumb waiter.

    First Floor
    The first floor provides further restaurant area and dedicated bar servery for circa45 covers seated and a mezzanine for a further circa 20 covers seated, wash/prep room with access to the dumb waiter as well as access to the rear service staircase.

    Second Floor
    The second floor provides a fully fitted commercial kitchen with industrial fridge-freezer, wash/prep area and three customer WC’s as well as access to the rear service staircase.

    Third Floor
    The third floor provides a further lounge area with dedicated bar servery for circa33 covers seated, customer WC, boiler room/storage, staff room, staff WC as well as access to the rear service staircase.

    External
    The external areas provides a decked trade area to the rear for circa 10 covers and a bin store.

    Planning

    The property is Grade II Listed but is not situated within a conservation area.

    EPC

    In the course of preparation.

    Premises Licence

    The property has the benefit of a Premises Licence in accordance with the Licensing Act 2003. The premises are permitted to sell alcohol at the following times:
    Monday to Thursday - 10:00-00:00
    Friday and Saturday - 10:00-02:00
    Sunday - 11:00-23:00

    Rateable Value

    2023 Rateable Value - £63,700

    Tenure

    The property is held freehold (Title Number BK316796).

    Terms

    Offers are invited for both freehold and leasehold interest.

    VAT

    VAT will be applicable.

    Viewings

    All viewings must be made by prior appointment via Savills.

    Money Laundering

    Money Laundering Regulations require Savills to conduct checks upon all purchasers/tenants. Prospective purchasers/tenants will need to provide proof of identity and residence.

    Contact

    Ed Sandall
    07599 830007
    ed.sandall@savills.com

    or

    James Davies
    07990 573176
    james.davies@fleurets.com

    Location

    marker
    Location: Corn Stores, 10 Forbury Road, Reading, RG1 1SB

    Reading (0.1 miles)

    Reading West (0.9 miles)

    Earley (2.5 miles)

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