7 Blagrave Street, Reading, RG1
- Use Class
- Use Classes: E, Sui Generis
Key Features
- Freehold mixed-use investment & development opportunity
- Sought after central Reading location close to mainline station
- Planning consent for approx. 14 self-contained studio apartments
- Upper floor guest house business included with fixtures & fittings
- Suitable for serviced accommodation, short-term lets & operators
- Significant potential to increase income and asset value
Description
A rare opportunity to acquire a freehold mixed-use investment and development opportunity in a prime central Reading location, comprising a ground floor commercial unit currently operating as a café together with an upper floor guest house, and the benefit of planning permission for a significantly enhanced redevelopment scheme.
The property currently generates an income of approximately £44,000 per annum, providing immediate revenue whilst offering substantial scope to enhance value. The upper floor guest house operation is included within the sale, together with fixtures and fittings, allowing a purchaser to continue trading from day one.
Planning permission has been granted (on appeal) for the redevelopment of the property to provide approximately 14 self-contained studio apartments with kitchenettes, creating a higher-density and more flexible accommodation model ideally suited to serviced accommodation, short-term lettings and contractor stays.
The ground floor commercial unit is currently operated as a café on an informal basis, with no formal lease in place, and will be offered with full flexibility for a purchaser to occupy, re-let or introduce an alternative commercial use, subject to the necessary consents.
Situated in the heart of Reading town centre and within close proximity to Reading railway station, the property benefits from strong transport links, high footfall and a vibrant commercial environment. The location, combined with the consented scheme, provides a compelling opportunity for developers, investors and operators seeking to create a high-performing, income-producing asset.
Overall, the property offers a unique combination of immediate income, operational business, development potential and flexibility, making it an attractive proposition in a sought-after and well-connected location.
Central Reading location, close to the railway station and local amenities
Viewings strictly by appointment through the sole agents, Lansley Commercial.
Agent's Fee: £650 plus VAT, payable by the purchaser upon completion of the sale to Lansley Commercial for introducing and facilitating the transaction.
Map Location
Property details
- Tenure
- Freehold
- Council Tax Band
- Ask Agent
- Date Posted
- 2026-04-22
Utilities & Restrictions
Utilities
- Electricity
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- Water
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- Heating
- Ask Agent
- Broadband
- Ask Agent
- Sewerage
- Ask Agent
Rights & Restrictions
- Public Rights of Way
- Ask Agent
- Private Rights of Way
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- Listed Property
- Ask Agent
- Restrictions
- Ask Agent
Listed status, conservation areas and planning constraints for this location are in the full report.
Property Features
- Accessibility
- Ask Agent
- Parking
- Ask Agent
- Garden
- Ask Agent
Beyond the particulars: planning activity, flood history, heritage and ground risks, checked for this exact spot.
Connectivity
Broadband
Fastest speed available at this postcode
10 Gbps
Gigabit full fibre
Suitable for
- 4K streaming on every screen
- Full-time home working
- Online gaming & big downloads
Mobile signal
Outdoor predictions; indoor signal depends on building materials.
Ofcom Connected Nations postcode-level predictions. Speeds and signal are modelled, not measured, and vary between addresses and providers.
Signal is the easy part. Planning activity, flood history and protected designations here are in the full report.
Nearest Schools
Primary
- Civitas Academy731 metresNo Ofsted rating
- Ages
- 4 to 11
- Pupils
- 374
- Type
- Academy sponsor led
- E P Collier Primary School732 metresOfsted: Good
- Ages
- 3 to 11
- Pupils
- 352
- Type
- Community school
- Katesgrove Primary School871 metresNo Ofsted rating
- Ages
- 3 to 11
- Pupils
- 674
- Type
- Community school
- Coley Primary School954 metresNo Ofsted rating
- Ages
- 3 to 11
- Pupils
- 250
- Type
- Community school
- Thameside Primary School964 metresNo Ofsted rating
- Ages
- 5 to 11
- Pupils
- 322
- Type
- Community school
Secondary
- Kendrick School788 metresOfsted: Outstanding
- Ages
- 11 to 18
- Pupils
- 939
- Type
- Academy converter
- Gender
- Girls
- Reading School0.9 milesOfsted: Outstanding
- Ages
- 11 to 18
- Pupils
- 1,138
- Type
- Academy converter
- Gender
- Boys
- River Academy0.9 milesNo Ofsted rating
- Ages
- 11 to 18
- Pupils
- 373
- Type
- Free schools
- Maiden Erlegh School in Reading1.4 milesNo Ofsted rating
- Ages
- 11 to 16
- Pupils
- 889
- Type
- Free schools
- UTC Reading1.5 milesOfsted: Good *
- Ages
- 14 to 19
- Pupils
- 299
- Type
- University technical college
* Latest graded judgement covers quality of education only; no overall grade was issued under the 2024-25 inspection framework.
Distances are straight-line from the advertised location. Source: the national school registers (DfE, Welsh Government, Scottish Government) and Ofsted.
Schools are just the start: sold prices nearby, planning activity and any flood history are in the full report.
Amenities
Supermarket
GP surgery
Pharmacy
Hospital
Green space
Walking trail
Straight-line distances from the advertised location. Sources: NHS records, Geolytix supermarket locations, OS Open Greenspace and the national trails registers.
The area stacks up? Now check the location itself: planning nearby, protected designations and past flooding.
Getting Around
Nearest station
Nearest bus stop
Typical drive times
Straight-line distances from the advertised location; drive times are typical free-flow times over OpenStreetMap road data, so allow more at peak. Public transport locations from DfT NaPTAN.
Easy to reach matters. So do planning activity, flood history and ground risks: all in the full report.
Flood Risk
From Environment Agency flood map open data, checked around the advertised map pin and allowing for the listed acreage where known. This summary comes from LandSale, the advertising platform, not from the listing agent, and is not part of the agent's particulars. Risk can vary across a single holding, so verify anything critical through your own searches before committing.
Rivers and the sea
Surface water
The detail behind these bandings
The full report pinpoints where this location sits on the flood maps, and runs the deeper checks that usually only surface after an offer.
- Exact flood zones & annual chances (included in the full report)
- Any recorded past flooding (included in the full report)
- Planning activity nearby (included in the full report)
- Heritage & conservation (included in the full report)
- Protected nature designations (included in the full report)
- Ground risks (included in the full report)
- Sold prices nearby (included in the full report)
£14.99 · one-off purchase
By LandSale, the platform. Not provided by the listing agent. Ready in about a minute.
Important notice: Information, maps and tags on this page are drawn from the advertising agent's marketing materials or generated automatically. LandSale has not verified them. Relying on these details is at your own risk, always carry out independent checks before committing to a purchase.
LandSale full disclaimer
Marketing information only - not formal particulars. The details on this website are provided for general guidance and do not constitute an offer or contract. Neither LandSale nor the advertising estate/land agent accepts responsibility for any inaccuracy.
1. Source of information
- Listing content: Core description, asking price, tenure, measurements, photographs and planning history originate from the marketing materials of the advertising estate or land agent. LandSale does not author this content and cannot guarantee its accuracy.
- Automated tags & categorisation: Property type, land-use class, acreage bands and similar labels may be applied by machine-learning models. They are intended as a helpful guide only and may not reflect the property's legal status or permitted use.
- Third-party & enriched data layers: Maps, boundary outlines, planning designations, soil reports, broadband coverage and other environmental or location-based insights are licensed from external suppliers. Such data are supplied “as is", may be incomplete or out of date and are subject to change without notice.
2. Verification required
Prospective purchasers must verify critical matters, including but not limited to planning permission, title boundaries, public rights of way, environmental constraints, acreage, services, access and VAT status, through their own inspections, specialist surveys, legal advisers and the selling agent before relying on the information or entering into any contract.
3. No warranty or liability
LandSale gives no warranty, express or implied, as to the accuracy, completeness or fitness for any particular purpose of the information displayed. LandSale shall not be liable for any loss, damage, cost or expense arising directly or indirectly from any use of or reliance on such information, save where liability may not be excluded by law.
4. Updates & feedback
If you believe any detail on this listing is inaccurate, please let us know. We will investigate and, where appropriate, update the listing or notify the agent.
© LandSale | Version 1.3 - August 2026
Listing agent
Lansley Commercial, Reading
111 Oxford Road, Reading, RG1 7UH
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