Former Gasworks Building Gas Works Rd 2,986 SF Office Building Reading RG1 3EQ $1,341,742 ($449.34/SF)

The site currently comprises two red brick Victorian style buildings arranged over one and two storeys. Formerly used for industrial purposes, the buildings were owned by the National Grid for gas pumping and have been vacant for over 20 years.
An application was approved in October 2016 by Reading borough planning department under reference 160378 to create a part 4,5 and 6 storey building adjacent to the River Kennet and a 3 storey building fronting Gas Works Road, providing 20 (10x1, 9x2 and 1x3 bed) residential units (Class C3).
We understand that developer’s contributions are as follows:
CIL – £199,550
S106 - £53,869
Both buildings have been stripped back to shell condition by contractors in preparation of conversion. We understand that demolition and operational works have been undertaken with the intention of implementing the planning permission. Please ask for a report from EA Town Planning Ltd regarding this point. It is important that all interested parties rely on their own enquiries and satisfy themselves on this point.
Reading Borough Council received a request on 17th January 2022 to consider adding Southern Gas Social Club and Governor House and associated structures, Gas Works Road to Reading Borough’s List of Locally Important Buildings and Structures (the ‘Local List’). The buildings are now understood to be locally listed. Please see legal pack for further information.