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19 bedroom detached house for sale
Church Street, Theale, Reading, RG7
£850,000
Church Street, Theale, Reading, RG7
£850,000
Price History
Initial price | £950,000 |
01/10/24 | £850,000 |
Price Change | -10.53% |
Description
Located on Church Street in Theale, this property comprises two separate buildings, The Old Lamb and the Accommodation Block, with a total floor area of approximately 4023 sq ft. The Old Lamb, a Grade II listed building dating back to the 17th century, is currently operating as a budget-friendly bed and breakfast with 2 levels of accommodation, including a reception, dining area, and staff quarters. The Accommodation Block, built in the 1970s, offers 19 ensuite single and double rooms. The property benefits from ample parking and is situated in a bustling village with high footfall, making it an attractive opportunity for commercial and residential tenants. With a large-scale residential development underway in the area, the property presents a potential opportunity to fill the bed and breakfast accommodation or convert it to residential use, subject to planning permission.