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Tesco and Barratt to Develop Battle Site in Reading

LONDON-Tesco, the UK's biggest retailer, has teamed up with Barratt Developments to buy the 27-acre Battle Hospital site in Reading. Consent exists for 100,000 sf of retail development and 297 new homes.

By Graham Parker | Updated on April 08, 2004

LONDON-The Royal Berkshire & Battle Hospitals NHS Trust has sold the 27-acre Battle Hospital site in Reading to supermarket retailer Tesco and house builder KingsOak Thames Valley, part of Barratt Developments.The site, which already has outline planning permission for a mixed residential and retail use, will be vacated by the NHS Trust in early 2006. Approximately half of the site will be used for residential development, together with a further 11 acres of retail. Planning consent has already been granted for a 50,000-sf food store, 47,500 sf of non-food retail, a fast food outlet and a petrol station. The residential element of the site has outline planning permission for 297 dwellings, including 40% affordable housing, and 18 flats above the non-food retailAtis Real Weatheralls advised the vendors, and director Nigel Durman, says: “A site of this size and location is a very scarce commodity, particularly in a town like Reading, and unsurprisingly there was tremendous interest from potential buyers. This was an excellent deal for all parties involved, and will in due course provide an excellent quality mixed-use scheme which will be an asset to the whole community.”

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