Oxford Road, Reading, RG30 1HL

POA
  • Ref: ALA240262
  • Availability: For Sale
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Property Summary

Lansley - This Grade 2 listed landmark building in Reading was originally part of the wider military barracks and has been occupied by local artist groups for the last 30 years. This property offers a rare opportunity to acquire a unique building with scope to be converted subject to the necessary planning consents. The property will be sold with the tenants in situ and both conditional and unconditional offers are invited.

Key information
• Tenure: Freehold • Approximately 0.29 acres.
• Property suitable for a variety of uses subject to necessary consents.
• An information pack is available upon request.
Overage - the council requires an overage payment specifically relating to the external courtyard area if planning permission were subsequently granted for residential development on that land within 20 years of completion.
Offers are invited by 12 noon 12th December 2024 (by way of informal, non-binding tender)
• The vendor reserves the rights not to accept the highest or any offer and to withdraw from sale or to vary the method of sale at any time without notice.
• Should several competitive offers be received, the vendor reserves the right to request best and final offers from selected parties.
• As part of their offer, potential purchasers should outline their proposals for the property including:
o Proposals and use.
o Any conditions attached including timescales for satisfying the conditions.
o Further information required or investigations to be carried out prior to exchange.
o Confirmation of anticipated timescales for exchange and completion of contracts.
o Confirmation of the source of funding and board or other approval.
o State the proposed exchange non-refundable deposit.
o Any other information you want to be taken into consideration when assessing your bid; for example experience of delivering similar schemes.

In accordance with the council’s Third Sector Premises Policy, this site is also advertised by Reading voluntary Action on www.rva.org.uk under news and information. This includes full details of how to obtain a Third Sector application form, guidance, scoring and other information.