The Old Lamb, 18-20 Church Street, Theale, Reading, RG7 5BZ

£650,000

Size

4,024

Tenure

Freehold

EPC

Parking

10

Primary use
Commercial development
Other use(s)
Other

Key features

  • Rare Freehold Former Hotel / B&B Opportunity
  • 19 En-Suite Bedrooms within Separate Accommodation Block
  • On-Site Parking for Approximately 10 Vehicles
  • Separate Front Building & Rear Accommodation Block
  • Significantly Reduced – £650,000 Freehold
  • Prime Theale Location – Excellent Access to Reading & M4

Description

A rare opportunity to acquire The Old Lamb, a substantial former hotel and B&B property in the sought-after village of Theale.

Extending to approximately 4,520 sq.ft. / 419.9 m², the property comprises two separate buildings. The attractive Grade II Listed 17th-century front building with traditional thatched roof provides former reception, dining/kitchen facilities and manager's accommodation. To the rear is a substantial non-listed accommodation block providing 19 en-suite bedrooms.

The property has operated successfully as a hotel/Bed & Breakfast for many years but is currently closed. The rear accommodation block is vacant while the former manager currently remains in the front accommodation and is due to vacate in November 2026, after which full vacant possession is expected.

The property offers considerable potential for hotel/guest house use, HMO, supported or care accommodation, temporary/homeless accommodation, residential conversion or redevelopment, subject to planning, licensing and other necessary consents. The non-listed rear building may provide additional flexibility for future adaptation or redevelopment.

The property also benefits from parking for approximately 10 vehicles and excellent access to Reading and the M4.

Situated on Church Street in the heart of Theale, a popular Berkshire village with a good range of shops, cafés and local amenities. Theale Railway Station is nearby, with excellent access to Reading and the M4 at Junction 12. The surrounding area has seen significant residential development, and the property itself offers potential for conversion or redevelopment, subject to planning and other necessary consents.

Strictly by prior appointment through Lansley Commercial. Please do not approach the property directly.
Additional information
Service charge
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Business rates
£7,661
Use class
C1
Listed building
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Energy performance certificate: C

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements
Environmental data
BREEAM rating
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Environmental description
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Brochure

The Old Lamb, 18-20 Church Street, Theale, Reading, RG7 5BZ

NEAREST STATIONS

National Rail

Theale Station

0.47 miles

National Rail

Aldermaston Station

3.25 miles

National Rail

Tilehurst Station

3.41 miles

About Lansley Commercial, Reading

Lansley Commercial, Reading

Lansley Commercial specialises in small business sales, valuations and commercial property disposals.

We act for owner-managed businesses and commercial property owners, handling mixed-use investments, retail units, offices and light industrial premises.

Our approach is practical and results-driven, with a focus on achieving market value and progressing deals through to completion.

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Disclaimer - Property reference 404528-1. 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 Lansley Commercial, 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.