Victoria House
Reading
Keys: 19
Tenant: A UK-based operator
Lease terms: 15 years / Index-linked / FRI
Use class: Sui Generis
A handsome Grade II-listed building in Reading, drawing together 19 high-specification serviced apartments
Saxbury presented this opportunity to lease a brand new collection of apartments in the heart of Reading. The building underwent full redevelopment to create 19 apartments across the upper storeys of three interconnected buildings. Victoria House is conveniently located in Reading town centre, 228 metres from Reading train station and the new Elizabeth Line terminal – placing central London fewer than 25 minutes away.
The accommodation consists of 15 one-bedroom apartments and four two-bedroom, two-bathroom apartments. BOH areas include a 47-square-metre basement ideal for storage or housekeeping supplies.
Following a search and selection campaign, a privately owned UK-based operator was chosen as the ideal operator for this rare opportunity to operate a collection of serviced units in a heritage setting.
Get in touch to find out about more opportunities like this one. Our team of operational real estate experts will be more than happy to help
JOURNAL
Serviced apartment news, features and thought leadership
Shaping the market means always being ahead of the curve. Collaborating with our community of business leaders, we create and collate the stories that matter. Through news, interviews and features, we provide unique insights and amplify the voices of the industry experts steering the sector.