Forbury View

overview

A rare opportunity to acquire a significant Thames Valley development site with substantial conversion / new build development potential, subject to obtaining the necessary planning consents. Permitted development has been already granted on North Gate House. Unconditional offers are invited for our clients freehold interest in all 3 buildings, or North Gate House in isolation.

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key points

  • Prominently situated overlooking Forbury Gardens & only 150m from Reading station
  • Freehold
  • Offered with full vacant possession
  • Total site area of approx. 0.51 acres
  • Permitted development already granted on North Gate House (78 units)
  • Overall existing floorspace of approximately 98,994 sq ft (GIA)
  • Potential to increase the floorspace to approximately 135,000 sq ft (GIA)

accommodation

Floor/Unit
Use
Sq Ft
unit
North Gate House
85,517
unit
The Rising Sun
4,059
unit
Tangent House
9,418

location

Reading is strategically positioned in the heart of the Thames Valley and is regarded as the South East’s principal commercial hub. Reading is unrivalled in the South East when it comes to infrastructure and connectivity to the rest of the UK. It also benefits from a world-renowned university, consistently providing a highly skilled / diverse workforce for the local economy. As a result, Reading has been named the 3rd fastest growing economy in the UK and ranked in the top 25 European cities for foreign direct investment.

The property occupies a prominent position within Reading town centre, with a dominant frontage to both Valpy Street and Forbury Road overlooking Forbury Gardens.

further information

contact
Philip Hunter
 
Tom Fletcher
downloads
Brochure

Hatch Real Estate
Thames Tower / Reading / RG1 1LX
///live.flock.global

0118 933 1303

hello@hatch-re.com

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