Office for sale

DESCRIPTION
12 Oaklands Park is a two storey, self-contained building on a site of circa 0.5 acres with a total of 44 parking spaces (a ratio of 1:268 sq.ft.)
The property is currently sub-divided into four individually lettable office units. The property is located on Oaklands Park, accessed via Molly Millar’s Lane and Fishponds Road.
LOCATION
Wokingham town centre is within walking distance and provides a wide range of amenities including shops, restaurants, bars, a library, swimming pool and several gyms. The area is currently undergoing a major redevelopment which will add to local facilities (including a cinema complex) and significantly improve traffic flows. Completion is expected late 2019.
Frequent train services are available to Reading (8 minutes) from which connections can be made to London Paddington (26 minutes).
There are direct trains from Wokingham to London Waterloo with a journey time of 68 minutes. Wokingham is also well connected by road, being accessible from M4 J10 via the A329(M) and M3 J3 via the A322.
RESIDENTIAL DEVELOPMENT OPPORTUNITY
In 2017 Permitted Development approval was granted for the conversion of the building into 18 residential units. Two subsequent full planning applications have since been approved, the first for external alterations to enhance the PD scheme, the second for an additional floor providing an additional 6 residential units.