7 Blagrave Street, Reading, RG1 1PJ
- Use Class
- Use Class: 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.
Map Location
Property details
- Tenure
- Freehold
- Council Tax Band
- Ask Agent
- Date Posted
- 2026-04-22
Utilities & Restrictions
Utilities
- Electricity
- Ask Agent
- Water
- Ask Agent
- Heating
- Ask Agent
- Broadband
- Ask Agent
- Sewerage
- Ask Agent
Rights & Restrictions
- Public Rights of Way
- Ask Agent
- Private Rights of Way
- Ask Agent
- Listed Property
- Ask Agent
- Restrictions
- Ask Agent
Property Features
- Accessibility
- Ask Agent
- Parking
- Ask Agent
- Garden
- Ask Agent
Important notice: Information, maps and tags on this page are supplied by the advertising agent 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
- Agent-supplied content: Core description, asking price, tenure, measurements, photographs and planning history are uploaded by the appointed agent, who remains solely responsible for their 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 1.2 - January 2026
Listing agent
Lansley Commercial, Reading
111 Oxford Road, Reading, RG1 7UH