https://www.thelandsite.co.uk/files/articles/36bd51ee4eb711ec99a30afeec538f48/the-oracle-reading-1.jpeg 211

House of Fraser Store can be Subdivided

Posted by UK Property Forums on 11th September 2023 -

title

The House of Fraser store in the Oracle Reading could be subdivided into as many as 12 units after councillors unanimously approved removal of a planning condition.

Reading Borough Council’s planning applications committee approved an application by owner Hammerson to remove condition 62 from its original 1997 permission which ensured it kept anchor stores at each end of the centre.

The decision at the September 6 meeting means the former Debenhams store could also be subdivided into up to 11 units. That store, however, is already subject to an application which seeks to demolish much of it for a residential scheme.  

Cllr Jan Gavin told the meeting: “I think it reflects how we must move with the changing habits of consumers because if we don’t, then we are going to be left with dead space in a regional shopping centre.

“Remember people travel to Reading to use the Oracle Shopping Centre from a large distance and we need to make sure we keep it a vibrant and successful shopping centre and activity centre so not just a shopping centre anymore.”


Discover real estate services and properties on The Landsite, the UK's leading centralised hub for the real estate sector.

Register your business on The Landsite


Matthew Battle

UK Property Forums enable forums and events in the property sector, which help to create business development opportunities.

Link to UK Property Forums business profile

23rd December 2024
Get on Board for Investment Opportunities in Hillingdon
UK Property Forums has teamed up with Hillingdon Council for a unique one-day investor conference
Read more
18th December 2024
Housebuilder Commits to Regenerating Bedworth with Affordable Partner and £21.9m Investment
Top 10 UK homebuilder, Keepmoat, is partnering with whg and investing £21.9m into Bedworth to deliver 95 new homes
Read more
18th December 2024
Colliers Donates Surplus Tech to Youth Homelessness Charities Backed by LandAid
Commercial real estate firm Colliers has donated more than 350 refurbished laptops to youth and homelessness charities this year, through LandAid’s Computers 4 Charity appeal
Read more