Thameside Hotel, 144–150 Caversham Road, Reading, RG1 8AZ

A substantial freehold hotel and development opportunity comprising four adjoining properties extending to approximately 9,250 sq ft. The premises provide 22 en-suite guest bedrooms together with two self-contained studio apartments, plus reception/lounge, bar, restaurant area and fully equipped commercial kitchen.

Prominently positioned on Caversham Road, within walking distance of Reading mainline station, the property benefits from strong local demand and excellent connectivity.

The building is already configured for hospitality use and offers immediate operational potential, subject to cosmetic improvements. Additionally, the site presents significant scope for redevelopment or alternative uses, including serviced accommodation, mixed-use or residential conversion (subject to planning).

A rare opportunity to acquire a sizeable freehold asset in a prime Thames Valley location with both trading and asset management potential.

Prominently located on Caversham Road (A4155), a main arterial route linking Caversham with Reading town centre. Reading mainline station is within walking distance, providing fast services to London Paddington (approx. 25–30 minutes) and access to the Elizabeth Line.

Further information available to qualified applicants.

- Approx. 9,250 sq ft (862 m²) GIA across four adjoining properties
- 22 en-suite guest bedrooms (3 singles, 16 doubles, 3 family rooms)
- Two self-contained studio apartments to the rear
- Reception/lounge area with bar and dining/restaurant space
- Fully equipped commercial kitchen with ancillary areas
- Customer W.C.’s, laundry room, stores and dedicated boiler room
- Three boilers (including two recently installed Worcester units)
- Rear access with yard providing approx. 4–5 parking spaces
- Commercial EPC: D (valid until January 2027)
- Rateable Value: £81,500 (from April 2026)
- Freehold tenure
- Significant development potential (STPP)