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News

Hicks Baker sells Reading listed building to private developer

Acting on behalf of a private owner, Hicks Baker has sold 108 London Street Reading to a private developer for £850,000.

The purchaser intends to convert the 3,475 sq. ft. self-contained Listed building into residential dwellings, subject to planning. The sale  followed a marketing campaign geared initially towards finding a tenant for the property. However, multiple freehold offers were submitted with sufficient interest to enable Hicks Baker to undertake a number of rounds of competitive bids.