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LONDON ROAD FRONTAGE BUILDINGS Central Reading, RG1 5BG LONDON ROAD FRONTAGE BUILDINGS | CENTRAL READING RG1 5BG

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LONDON ROAD FRONTAGE BUILDINGS Central Reading, RG1 5BG LONDON ROAD FRONTAGE BUILDINGS | CENTRAL READING RG1 5BG LONDON ROAD FRONTAGE BUILDINGS Central Reading, RG1 5BG LONDON ROAD FRONTAGE BUILDINGS | CENTRAL READING RG1 5BG 2 LONDON ROAD FRONTAGE BUILDINGS | CENTRAL READING RG1 5BG EXECUTIVE SUMMARY c Adjacent to University of Reading London c Prominent road frontage location close to c Circa 0.98 acres (0.4 hectares) Road Campus town centre, rail station, University of Reading, Reading College and Royal Berkshire Hospital c Expressions of interest invited to take a long c Circa 47,500 sq ft of vacant listed buildings lease of 125 years on a full repairing and insuring split across three separate properties forming c Potential for redevelopment to a number of basis providing full indemnity to the University a single frontage uses subject to planning and other consents 3 LONDON ROAD FRONTAGE BUILDINGS | CENTRAL READING RG1 5BG LOCATION TO THE MIDLANDS TO BIRMINGHAM TO TO LUTON ) STANDSTED M OXFORD ( AIRPORT AIRPORT 1 Reading A 1 The property benefits from prominent 1 The London Road Frontage Buildings M M M 4 1 are located less than half a mile from road frontage on one of the main arterial 0 roads into Reading Town Centre. Reading Town centre. M2 RAILWAY TO 5 BASINGSTOKE Amenities and facilities within close Reading is a strategic regional town in the Thames Valley / M4 corridor with proximity to the site include the 5 2 a population of circa 200,000 people. M University of Reading London Road and Whiteknights campuses, Reading The town is located about 40 miles M40 College, the Royal Berkshire Hospital, west of London and has strong links to A4 and Reading Central train station. the capital via rail (from 26 minutes into 0 CITY A4 London Paddington) and road (M4). RAILWAY 07 AIRPORT 4 PADDINGTON TO BRISTOL/ SOUTH WALES LONDON READING TO BRISTOL/ M4 SOUTH WALES M4 WATERLOO HEATHROW AIRPORT A M 20 4 J10 J12 J11 E RIV V K D AST AR A E Y P 3 R LLE N ROAD VA RAILWAY TO 2 CHRISTCHURCH ES 2 AM MEADOWS TH SOUTH WEST 9 2 3 A MES THA RIVER A4 M3 READING RAILWAY STATION D A O R 3 M A 5 A A3 2 29 F 3 H OR M B 3 S URY R E D A V A C A 3 2 9 RAILWAY TO BASINGSTOKE M 2 3 3 A M 3 READING 2 GATWICK NDON ROAD TO 90 COLLEGE LO WOKINGHAM AIRPORT KINGS RO N’S ROAD AD QUEE READING 9 A329 32 A 4 READING OLD A CEMETERY E A3 N 9 A 2 2 L 7 3 LL AD A I M NDON RO LO A TO SOUTHAMPTON TO BRIGHTON 329 Not to Scale - For Identification Purposes Only. A4 A329 ROYAL BERKSHIRE S T N S I HOSPITAL OW L CR V E E R K O S O T A3 R B 2 4 Y 9 L A 0 L O H M ST T W L P PEL O L K E IN A3 A Y AVE G E S BERKL 2 H 7 A A N M T R O A D COLEY RECREATION GROUND A 3 2 9 D CHRISTCHURCH A ROA O D R WHITEKNIGHTS H LAKE C R A 327 U CH WATERLOO 3 CINTRA MEADOWS 1 0 PARK 3 T 0 B E 5 N 3 N B E K UNIVERSITY R TO 3 OF READING E 3 V A I BASINGSTOKE R 4 LONDON ROAD FRONTAGE BUILDINGS | CENTRAL READING RG1 5BG COMMUNICATIONS Bakerloo Central Circle District Road Crossrail DLR Hammersmith & City Stratford Maryland Forest Gate Manor Park Ilford Seven Kings Goodmayes Chadwell Heath Romford Gidea Park Harold Wood Brentwood Shenfield London Road benefits from good In addition to the excellent existing rail Jubilee Metropolitan access to the A33 (leading to the links, passengers at Reading station will Maidenhead Taplow Burnham Slough Langley Iver West Drayton Hayes & HarlingtonSouthall Hanwell West Ealing Ealing Broadway Acton Mainline Paddington Bond Street Tottenham Court FarringdonRoad Liverpool Street Whitechapel M4), the junction for which is located be able to connect to the new Crossrail Northern Overgr ound approximately 3.3 miles from the site line via Maidenhead when it opens in (6 mins) Piccadilly (13 mins) entrance. Heathrow Airport is located 2018. There have also been discussions Victoria Eurostar 26.4 miles along the M4, with regular bus to extend Crossrail services from Woolwich Canary Wharf Airport Links Abbey Wood services from Reading Rail Station with a Maidenhead to Reading. Custom House Heathrow Airport National Rail travel time of approximately 38 minutes to Terminal 5. Approximate Road Distances (39 mins) Local bus services operate on London Road, with the number 20A bus serving M4 3.5 miles both Reading town centre and the rail station (9 minutes). M3 15 miles M40 17 miles Rail M25 24 miles Network Rail has commenced an £850 million upgrade and enhancement Heathrow 28 miles programme at Reading station that will improve train speeds, increase Fastest Direct Train Travel Times capacity and reduce delays. The work will add five new platforms and two Maidenhead 10 mins new station entrances. The full project is scheduled to be completed in the Slough 14 mins summer of 2015. Basingstoke 22 mins A new £500 million Western rail access Oxford 23 mins to Heathrow, which will pass through Reading, has Government support and London Paddington 26 mins could be operational by 2021. Southampton Central 55 mins Bristol Temple Meads 1hr 11mins Gatwick Airport 1hr 16mins Birmingham New Street 1hr 37mins 5 LONDON ROAD FRONTAGE BUILDINGS | CENTRAL READING RG1 5BG Albion Terrace PROPERTY DETAILS & BACKGROUND 1 to 16 t y Cour Padle 60 51 to 50 Only. Purposes Identification For - Scale to Not Crown Copyright - licence no. 100018190. Based on Ordnance Survey 2013. 41 to 40 31 to 30 21 to 20 11 to rrace 0 n Te 1 to 1 Albio ROAD LONDON Red Building The Old L039 s Hall St David’ L038 oad L040 22 London R 16- L037 The buildings form part of the University The University is keen to secure a c L040 c St David’s Hall (L038) All the buildings are listed Grade II with of Reading’s London Road Campus, leasehold development partner who A single storey building attached the The property is vacant and requires the exception of St David’s Hall (L038) however they are no longer in use and shares their vision to sensitively restore rear of L039. It is a single vaulted room significant internal and external which has a Grade II* listing. are surplus to operational requirements. these important buildings and bring with a small toilet off it, and linked to refurbishment. As with The Old Red The buildings currently comprise the The University is seeking expressions them back into use which will improve L039 by a short corridor. It was last Building, it was previously used following accommodation. Please note of interest from parties who may wish and enhance the appearance and used as a temporary cafe whilst the as student accommodation and that Savills have been provided with to take a long leasehold interest in the character of the London Road Campus. London Road campus refurbishment administrative offices. the accommodation schedule by the building, on a full repairing and insuring was being undertaken. The buildings comprise a number of c 16 to 22 London Road (L037) University’s architects and cannot be basis and providing full indemnity separate entities, as follows (described c The Old Red Building (L039) Vacant and requiring very held liable for their accuracy. Interested to the University in terms of further from left to right when viewing from This building is vacant and requires significant internal and external parties should satisfy themselves of the degradation of the buildings and any London Road): significant internal and external refurbishment. Recent works have Gross Internal Areas. legislative responsibilities given their refurbishment. The building been undertaken to ensure that the listed status, with an initial term of 125 was previously used as student building is structurally stable and not years. accommodation and administrative in danger of collapse. offices. 6 LONDON ROAD FRONTAGE BUILDINGS | CENTRAL READING RG1 5BG ACCOMMODATION PLANNING POTENTIAL SUPPORTING INFORMATION EXPRESSIONS OF INTEREST Formal pre-application discussions have A supporting information pack is Please see the covering letter attached Building Detail (GIA) Total GIA (sq ft) taken place between the University of available online. Please see the to this brochure for details of when L040 Ground floor – 915 sq ft 915 Reading and Reading Borough Council covering letter attached to this expressions of interest are invited to explore a number of issues relating brochure for details of how to access and the information required from any Basement – 4, 810 sq ft to the potential redevelopment of the the data room. interested party. Ground floor - 5,100 sq ft buildings. A written submission was The Old Red Building, The pack includes a large amount of First floor – 4,885 sq ft 22,425 made by the University to the Council NEXT STEPS 32-40 London Road (L039) relevant planning, legal and technical Second floor – 4,885 sq ft in early 2013, followed by a meeting data including: The University intends to discuss all Third floor – 2,745 sq ft between key University staff and expressions of interest received with Basement – 3,045 sq ft Council officers. A copy of the written c Existing floor plans and elevations the relevant parties further to clarify Ground floor – 4,024 sq ft submission, along with notes from the any uncertainties. It is expected that a St David’s Hall, 24-30 London c Hazard plans and risk registers First floor – 3,056 sq ft 15,505 meeting and a formal response from number of parties will be shortlisted Road (L038) Second floor – 2,679 sq ft the Council, are available within the c Condition and structural reports and invited to submit formal proposals supporting information pack.
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