ShareSave
£650,000

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

Use Class
Use Class: C1

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.

Map Location

Property details

Tenure
Freehold
Council Tax Band
Ask Agent
Date Posted
2026-09-17

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

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

1.8 Gbps

Gigabit full fibre

Suitable for

  • 4K streaming on every screen
  • Full-time home working
  • Online gaming & big downloads

Mobile signal

CallsDataEE Good GoodO2 Good GoodThree Good GoodVodafone Good Good

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

  • Theale C.E. Primary School402 metresOfsted: Outstanding *
    Ages
    4 to 11
    Pupils
    301
    Type
    Voluntary controlled school
    Faith
    Church of England
  • Englefield C.E. Primary School0.9 milesOfsted: Good *
    Ages
    4 to 11
    Pupils
    106
    Type
    Voluntary aided school
    Faith
    Church of England
  • Calcot Junior School1.5 milesNo Ofsted rating
    Ages
    7 to 11
    Pupils
    264
    Type
    Community school
  • Calcot Infant School and Nursery1.5 milesOfsted: Good
    Ages
    3 to 7
    Pupils
    217
    Type
    Community school
  • Springfield Primary School1.7 milesOfsted report card · Jan 2026
    Ages
    3 to 11
    Pupils
    330
    Type
    Community school

Secondary

  • Theale Green School158 metresOfsted report card · Apr 2026
    Ages
    11 to 18
    Pupils
    803
    Type
    Academy sponsor led
  • Little Heath School1.7 milesNo Ofsted rating
    Ages
    11 to 18
    Pupils
    1,682
    Type
    Voluntary aided school
  • Denefield School2.7 milesOfsted: Good
    Ages
    11 to 18
    Pupils
    1,171
    Type
    Academy converter
  • The Willink School2.8 milesOfsted report card · May 2026
    Ages
    11 to 18
    Pupils
    1,205
    Type
    Community school
  • King's Academy Prospect3 milesOfsted: Good
    Ages
    11 to 18
    Pupils
    1,157
    Type
    Academy converter

* 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

Co-op Theale, Theale, Berkshire530 metres
Sainsburys Calcot, Reading1.1 miles
M&S Reading West M4 Moto SF, Burghfield2.2 miles

GP surgery

Theale Medical Centre357 metres

Pharmacy

Kamsons Pharmacy666 metres

Hospital

Prospect Park Hospital3.1 miles

Green space

Allotments Or Community Growing Spaces119 metres

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

Theale Rail Station699 metres

Nearest bus stop

Theale Green School42 metres

Typical drive times

Tadley14 min · 7.6 miles
Reading13 min · 5.9 miles
Woodley19 min · 12 miles
Thatcham15 min · 9.1 miles
Oxford (city)46 min · 37 miles

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

Flood Zone 1Lower risk

Surface water

Outside the mapped risk bandsVery low risk

These bandings are the summary. Where this location sits on the flood maps, plus planning activity, heritage and ground risks, is in the full report.

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.

Contact Lansley Commercial, Reading

111 Oxford Road, Reading, RG1 7UH

View agent profile

About you

Please note that LandSale will send the above details to Lansley Commercial, Reading only. By submitting this form, you confirm that you agree to our terms of use, our privacy policy.