Guide Price £1,000,000

Market Place, Wokingham

  • PRIME TOWN CENTRE
  • PLANNING APPROVED No 203377
  • Approaching 5000 sq ft
  • Part Listed
  • Stunning building
  • Mixed scheme
  • Commercial to the ground floor
  • Residential above
  • Views of the town hall
  • Parking for 6

PRIME TOWN CENTRE

PRIME TOWN CENTRE -This is such an incredible chance to acquire a prime piece of Wokingham town centre with full consent to develop.

It really isn`t often that someone has the opportunity to purchase a property such as this set right in the heart of town, Market Place no less, and with some incredible potential that has already been approved.

Arranged over three floors and approaching 5000 square feet, the ground floor is a wonderful commercial shop front within this part listed building. At appx 1740 sq ft and having previously commanded appx 1/248,000 per annum in rent it gives a fantastic investment opportunity for the longer term whilst developing the residential element above.

The further ground floor entrance to the side then gives access to the residential element with full planning for conversion into three stunning apartments including one incredible duplex. Walking through the building you can see where old meets new, there are some stunning exposed beams with vaulted ceilings which show the features that could be worked into the re-development as unique features.

The first and second floors mirror each other well. It appears that this could be quite a simple exercise to carry put what has been granted but also has the potential to tweak slightly to make some changes. The central open area gives an external terrace feel which allows light to pour in along with giving scope to create some outside space.

You have the added plus here of both front and rear staircases, this allows for you to split the access to the future apartments to create an even greater feel of exclusivity.

As we look around this beautifully re-generated town centre we can see that this is such a great time to be involved here, the area continues to go from strength to strength and to have this opportunity right here and right now is something to be excited about.
We have keys here so do get in touch for a private tour.






Floorplan for Market Place, Wokingham, Berkshire, RG40