Freehold disposal of land at Crown St / Southampton St – bidding open until Noon, 16th November 2022

Primary interest
Planning and Development
Land at Crown St / Southampton St, RG1 2SN

In accordance with the Third Sector Premises Policy Statement voluntary sector organisations have a period of 8 weeks to submit a bid for the property. The freehold of the property is also being advertised on the open market by Savills.  Please access savills.co.uk website for full Marketing Particulars.

Viewings and other enquiries

Viewings are strictly by appointment only. Please contact Ailsa Howells to arrange on 07815 032126 or email ailsa.howells@savills.com

All enquiries should be directed to the vendor’s agent:

Megan Holman MRICS, Senior Surveyor

Savills, Ground Floor, Hawker House, 5-6 Napier Road, Reading RG1 8BW

Telephone: 0118 952 0522

Email: megan.holman@savills.com

Bidding Process

A Third Sector application form is available here. Scoring information is available here.

Applications and accompanying documents should be sent to the below contact by Noon on 16th November 2022.

Clare Muir, Policy and Voluntary Sector Manager

Reading Borough Council, Civic Offices, Bridge Street, Reading, RG1 2LU

E- mail:  clare.muir@reading.gov.uk

Telephone: 0118 937 2119

Please note that it is advisable to use guaranteed post/recorded delivery to ensure that your bid arrives on time – no late bids will be considered. NB If delivering by hand, please allow an extra 24 hours for the bid to arrive via internal post systems.

Officers will assess bids on the basis of the value provided to Reading Borough Council of releasing the property in accordance with the council’s Third Sector Premises Policy Statement to a local voluntary organisation, based on the contribution to the council’s priorities as set out in the Corporate Plan. All bids received from the Voluntary Sector will be reported to Policy Committee.

Interested organisations should submit a bidding application form based on the following:

Proposal for use of the property: please provide an outline of your proposed use of the property and how this will benefit local council taxpayers, addressing the priorities of the Corporate Plan:

  • Safeguarding and protecting those that are most vulnerable.
  • Providing the best life through education, early help and healthy living.
  • Providing homes for those in most need.
  • Keeping the town clean, safe, green and active.
  • Providing infrastructure to support the economy.
  • Remaining financially sustainable to deliver these service priorities.

Basis of your offer: please state whether the offer is subject to any terms and conditions such as building survey, planning permission, third party funding etc.

Building summary: please set out a summary of the building in terms of current condition, potential opportunities and suitability for your proposed use. Please set out in sufficient detail a programme of any maintenance or improvement works you would wish to carry out at the property together with a cost summary and any related dependencies such as Listed status, Building Regulations, Planning Permission etc.

Supporting information: please complete the application form with the following information to support your bid:

  • Details of your bid offer.
  • Details of your organisational structure including legal status, constitution, terms of reference etc.
  • Audited accounts for the last 2 financial years.
  • Evidence of your experience in managing a property, including managing a Listed property.
  • Evidence of access to an experienced property manager on an ongoing basis.
  • A description of your current activity in Reading and how it has benefited local communities or added value to local services.
  • Business Plan and budget to support your proposal specifically addressing matters relating to the proposed use and the building condition.
Legal costs

The purchaser to pay the council’s reasonable legal costs including any abortive costs should a transaction not complete.

Further information
  • For information and advice on the third sector bidding process contact Reading Voluntary Action’s Advice Service by emailing advice@rva.org.uk