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19 bedroom detached house for sale
Church Street, Theale, Reading RG7
£950,000
Church Street, Theale, Reading RG7
£950,000
Our Summary
- We also believe that this property offers a development opportunity, subject to planning permission
Description
The property is a unique opportunity to own a historic Grade II listed building and a modern accommodation block in the heart of Theale, a bustling village with high footfall and ample parking. The Old Lamb, a 17th-century building, currently operates 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 has a large demand from commercial and residential tenants, and with the nearby development of hundreds of new build houses, it presents an opportunity to fill the bed and breakfast accommodation or pursue a development opportunity, subject to planning permission. The property is being sold as a freehold, with the business not included in the sale.