Land For Sale £1,000,000
Church Street, Caversham, Reading, Berkshire, RG4

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.