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Church Street, Caversham, Reading, RG4

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Winkworth, Reading
PROPERTY TYPE

Plot

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Key features

  • Exciting Commercial or Mixed Use Development Opportunity
  • Former Barclays Bank Building Closed in 2020
  • Prominent Central Caversham Location
  • Over 3000sq ft (290m2) of Space
  • Planning Approved for 3 Apartments on Upper Floors and 2 Ground Floor Commercial Units
  • Reading Borough Council Planning Application Number 240068

Description

An exceptional opportunity to acquire one of Caversham’s most notable landmark buildings, the former Barclays Bank prominently positioned on the junction of Church Street, Church Road and Bridge Street. Having been closed since 2020, this striking and characterful building presents a rare chance for a new owner to revive and reimagine a highly recognisable property at the heart of the local community.
Extending to over 3,000 sq ft (approximately 290 sq mtrs) of accommodation arranged across two floors, the building retains a number of distinctive original features, including the reinforced bank vault, offering the potential to create a truly unique commercial or mixed-use scheme in a prime and highly visible location.
The property benefits from planning consent to convert the upper parts of the building into residential accommodation. The approved plans provide for three apartments comprising a one-bedroom and a two-bedroom apartment on the first floor, together with a further two-bedroom apartment within the loft space. In addition, the consent allows for two separate commercial units at ground floor level, offering flexibility for a variety of occupiers.
Given its prominent position and generous internal space, the building offers excellent potential for a range of commercial uses including a restaurant, bar, gym, retail premises, or office space. The property would suit an owner-occupier seeking a distinctive home for their business, as well as investors looking for either a fully commercial investment or an attractive mixed-use commercial and residential development opportunity.
Overall, this is a rare chance to secure a landmark building with significant development potential in one of Caversham’s most desirable and central locations.

Location:
Set at the start of Church Street just over Caversham Bridge and the River Thames. 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.

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Web DetailsParticulars

Church Street, Caversham, Reading, RG4

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Reading Station0.6 miles
  • Reading West Station1.0 miles
  • Tilehurst Station2.3 miles
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About Winkworth, Reading

Blagrave House 17 Blagrave Street, Reading, RG1 1QB

Winkworth was established in 1835 selling homes for the landed gentry in London and the home counties and 2014 opened its doors in Reading under the guidance of three vastly experienced local property professionals. Part of a network of over 100 offices, all of which are owner operated franchises, clients receive the benefit of a trusted market leading brand along with the hands-on and personal approach of an independent agency.

Located just 36 miles from Central London and 24 miles from Oxford, Reading's geographical placement is perfect for living and working or commuting. Reading's proximity to London make Winkworth the perfect choice when reaching buyers moving out of the capital as many are now doing to access better value homes along with a great place to live. James and Michael are established professionals who have years of combined industry experience and local knowledge and can offer you a friendly approach and unparalleled service.

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Disclaimer - Property reference REA260062. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Winkworth, Reading. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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