{
 "id": "n-1d1e23d112",
 "slug": "reading-retail-premises-in-kentwood-hill-reading",
 "type": "strip",
 "name": "Retail premises in Kentwood Hill, Reading",
 "aka": [],
 "city": "Reading",
 "county": null,
 "state": null,
 "country": "UK",
 "census_division": null,
 "lat": 51.45642,
 "lon": -0.97007,
 "geocode_method": "nominatim-city",
 "address": null,
 "metro": null,
 "original_use": "retail premises",
 "year_opened": null,
 "year_closed": null,
 "acres": null,
 "gla_sqft": null,
 "stores_peak": null,
 "levels": null,
 "original_developer": null,
 "original_architect": null,
 "before_notes": "Draft from ww3.rics.org, model-extracted, unreviewed: A retail premises in Kentwood Hill, Reading was converted into apartments at the back and garage, a retained shop at the front, and upper floors into an HMO.",
 "strategy": [
  "reinhabit"
 ],
 "new_use": [
  "housing",
  "retail"
 ],
 "share_retrofit": null,
 "status": "built",
 "year_retrofit": null,
 "developer": "Balada Group",
 "architect": null,
 "after_notes": null,
 "narrative": null,
 "narrative_license": null,
 "narrative_source": null,
 "zoning_change": null,
 "public_subsidy": null,
 "entitlement_year": null,
 "planning_notes": null,
 "wikidata_qid": null,
 "wikipedia": null,
 "osm_id": null,
 "verified": "draft",
 "verified_by": null,
 "last_verified": null,
 "last_updated": "2026-10-18",
 "created": "2026-10-18",
 "contributor_name": null,
 "contributor_org": null,
 "contributor_link": null,
 "international": 1,
 "county_fips": null,
 "opp_score": null,
 "opp_reasons": [],
 "for_sale": 0,
 "distressed": 0,
 "deep": {},
 "elements": [
  {
   "slug": "strategy-reinhabit",
   "name": "Reinhabited",
   "grp": "strategy",
   "evidence": "",
   "origin": "record"
  },
  {
   "slug": "use-housing",
   "name": "Housing",
   "grp": "use",
   "evidence": "new_use field",
   "origin": "record"
  },
  {
   "slug": "use-retail",
   "name": "Retail (continued)",
   "grp": "use",
   "evidence": "new_use field",
   "origin": "record"
  }
 ],
 "sources": [
  {
   "id": 9131,
   "site_id": "n-1d1e23d112",
   "url": "https://ww3.rics.org/uk/en/journals/property-journal/effective-commercial-to-residential-conversions.html",
   "title": "Comprehensive approach enables shop-to-flat conversion",
   "publisher": "ww3.rics.org",
   "date": null,
   "quote": "Retail premises in Kentwood Hill, Reading",
   "kind": "news",
   "license": null,
   "retrieved": "2026-10-18"
  },
  {
   "id": 9132,
   "site_id": "n-1d1e23d112",
   "url": "https://ww3.rics.org/uk/en/journals/property-journal/effective-commercial-to-residential-conversions.html",
   "title": "Timeline",
   "publisher": null,
   "date": null,
   "quote": "I had to consider all these factors when I took the lead on the recent conversion of unused retail space into apartments as a partner at Balada Group.",
   "kind": "quote",
   "license": null,
   "retrieved": "2026-10-18"
  }
 ],
 "parties": [
  {
   "name": "Balada Group",
   "kind": "developer",
   "role": "developer",
   "year_from": null,
   "year_to": null
  }
 ],
 "events": [
  {
   "id": 5742,
   "site_id": "n-1d1e23d112",
   "date": null,
   "year": 2024,
   "kind": "note",
   "detail": "Conversion of unused retail space into apartments",
   "share": null,
   "source_id": 9132,
   "verified": "draft"
  }
 ],
 "gallery": [],
 "anchors": [],
 "deals": [
  {
   "id": 558,
   "site_id": "n-1d1e23d112",
   "kind": "loan",
   "date": null,
   "year": null,
   "price": 346000.0,
   "price_per_acre": null,
   "price_per_sqft": null,
   "acres": null,
   "sqft": null,
   "buyer": "Balada Group",
   "seller": "funder",
   "broker": null,
   "lender": null,
   "loan_amount": null,
   "loan_maturity": null,
   "loan_status": null,
   "asking_price": null,
   "listing_url": null,
   "status": null,
   "notes": null,
   "source_url": "https://ww3.rics.org/uk/en/journals/property-journal/effective-commercial-to-residential-conversions.html",
   "source_title": null,
   "source_date": null,
   "quote": "I was able to secure another at a 70% gross loan-to-value (LTV) ratio against the purchase price. This would also help cover the estimated \u00a3275,000 refurbishment costs.",
   "verified": "draft",
   "retrieved": "2026-10-18"
  },
  {
   "id": 557,
   "site_id": "n-1d1e23d112",
   "kind": "sale",
   "date": null,
   "year": null,
   "price": 403000.0,
   "price_per_acre": null,
   "price_per_sqft": null,
   "acres": null,
   "sqft": null,
   "buyer": "Balada Group",
   "seller": "owner of a retail premises in Kentwood Hill, Reading",
   "broker": null,
   "lender": null,
   "loan_amount": null,
   "loan_maturity": null,
   "loan_status": null,
   "asking_price": null,
   "listing_url": null,
   "status": null,
   "notes": null,
   "source_url": "https://ww3.rics.org/uk/en/journals/property-journal/effective-commercial-to-residential-conversions.html",
   "source_title": null,
   "source_date": null,
   "quote": "We negotiated a purchase price of \u00a3320,000 \u2013 very similar to what we had paid for the neighbouring property eight months earlier.",
   "verified": "draft",
   "retrieved": "2026-10-18"
  }
 ],
 "owner_of_record": null,
 "ctx": {
  "assessment": {
   "what_happened": "Conversion of existing retail premises into housing and retail space, confirmed as built. Balada Group acquired the site via sale (\u00a3403,000) and secured a loan (\u00a3346,000).",
   "why": "Strategy: 'reinhabit' (repurposing existing retail space). New uses: housing and retail. Site is a strip development in Reading, UK.",
   "where_it_stands": "Site status: built. Nearby context: Forbury Retail Park (proposed, 0km away). Parcel size and exact conversion timeline unknown.",
   "for_a_planner": [
    "No parcel details provided",
    "No data on housing units or retail mix"
   ],
   "for_a_developer": [
    "Acquisition cost: \u00a3403k sale price",
    "Financing: \u00a3346k loan secured",
    "Peer strategy matches US examples (not actionable here)"
   ],
   "risks_and_unknowns": [
    "Parcel size unknown",
    "No year of conversion beyond '2024' event",
    "No data on demand for housing/retail in this location",
    "Context: Proposed retail park 0km away may affect viability (no details provided)"
   ],
   "data_quality": "partial",
   "one_line": "Reading strip retail site converted to housing/retail via Balada Group; acquisition cost \u00a3403k, loan \u00a3346k; parcel size and conversion details unknown.",
   "model": "qwen3-30b-a3b-64k:latest",
   "machine": "Dell 5820 RTX 3090 (Ollama, qwen3-30b-a3b)",
   "record_sha1": "7f839b81be54"
  },
  "cluster": {
   "within_10km": [
    {
     "id": "n-e0af3b2d00",
     "name": "Forbury Retail Park",
     "city": "Reading",
     "status": "proposed",
     "km": 0.0
    }
   ],
   "count_10km": 1,
   "count_25km": 7
  },
  "peers": {
   "peers": [
    {
     "id": "m-e594aa16bf",
     "name": "100 Oaks Mall",
     "city": "Nashville",
     "state": "TN",
     "score": 4.0,
     "why": [
      "same strategy: reinhabit"
     ]
    },
    {
     "id": "m-0828e55f1a",
     "name": "Buford Clairmont Mall",
     "city": "Chamblee",
     "state": "GA",
     "score": 4.0,
     "why": [
      "same strategy: reinhabit"
     ]
    },
    {
     "id": "m-e41df3b63e",
     "name": "Allegheny Center Mall",
     "city": "Pittsburgh",
     "state": "PA",
     "score": 4.0,
     "why": [
      "same strategy: reinhabit"
     ]
    },
    {
     "id": "m-fd0c314b04",
     "name": "Westgate Mall",
     "city": "Bangor",
     "state": "ME",
     "score": 4.0,
     "why": [
      "same strategy: reinhabit"
     ]
    },
    {
     "id": "m-d9b398f7d8",
     "name": "Lafayette Place Mall",
     "city": "Boston",
     "state": "MA",
     "score": 4.0,
     "why": [
      "same strategy: reinhabit"
     ]
    },
    {
     "id": "m-2afa0a0e0b",
     "name": "Arsenal Mall",
     "city": "Watertown",
     "state": "MA",
     "score": 4.0,
     "why": [
      "same strategy: reinhabit"
     ]
    }
   ],
   "method": "size, era, strategy, status, type, state, distance"
  }
 },
 "parcels": [],
 "url": "https://retrofitatlas.org/strips/uk/reading-retail-premises-in-kentwood-hill-reading/",
 "photo": null,
 "provenance": {
  "developer": "newtypes-extraction"
 }
}