Rare freehold former hotel and B&B opportunity in the sought-after village of Theale, offering substantial premises, on-site parking and significant potential for alternative commercial, accommodation or redevelopment uses, subject to the necessary consents.
The property comprises two separate buildings extending to approximately 4,520 sq ft (419.9 m²). The attractive Grade II Listed 17th-century front building features a traditional thatched roof, while a substantial separate non-listed accommodation block is positioned to the rear.
Previously operated successfully as a hotel and Bed & Breakfast for many years, the property is currently closed. The rear accommodation block is vacant, while the former manager currently remains in the front building and is due to vacate in November 2026, after which full vacant possession is expected.
The property offers considerable potential for hotel or guest house use, HMO accommodation, supported or care accommodation, temporary or homeless accommodation, residential conversion or redevelopment. The non-listed rear building may provide additional flexibility for future adaptation or redevelopment. All alternative uses are subject to planning, licensing and other necessary consents.
Further benefits include parking for approximately 10 vehicles and excellent access to Reading and the M4.
The freehold has been significantly reduced and is offered at £650,000.
Viewings: Strictly by prior appointment through Lansley Commercial. Please do not approach the property directly.
