Strip centers · UK
Retail premises in Kentwood Hill, Reading
Reading strip retail site converted to housing/retail via Balada Group; acquisition cost £403k, loan £346k; parcel size and conversion details unknown. · summary, model-written
Solid = from the authors' map · outlined = public source · dashed = model-written, not yet reviewed by a person. Tap any value's source label to see where it came from.
Site profile3 elements · what this retrofit is built with · tap a chip for the evidence
Reinhabited
This site: record · all sites with thisHousing
This site: …new_use field record · all sites with thisRetail (continued)
This site: …new_use field record · all sites with thisNow
| Status | Retrofit builtWikipedia |
|---|---|
| Strategy | ReinhabitedWikipedia |
| New uses | housing, retailWikipedia |
| Redeveloper | Balada Groupnewtypes-extraction |
Deals and debt
| Date | Event | Price | Parties | Source |
|---|---|---|---|---|
| Loan | $346,000 closed | Balada Group ← funder | ww3.rics.org | |
| Sold | $403,000 closed | Balada Group ← owner of a retail premises in Kentwood Hill, Reading | ww3.rics.org |
Site context
| Other atlas sites nearby | 1 within 10 km, 7 within 25 km: Forbury Retail Park (0.0 km)computed |
|---|
Summary, model-written
Conversion of existing retail premises into housing and retail space, confirmed as built. Balada Group acquired the site via sale (£403,000) and secured a loan (£346,000).
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: £403k sale price
- Financing: £346k loan secured
- Peer strategy matches US examples (not actionable here)
What we do not know yet
- 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)
Generated by qwen3-30b-a3b-64k:latest on Dell 5820 RTX 3090 (Ollama, qwen3-30b-a3b) from the fields, parcels, deals and context layers on this page, with no outside knowledge. It is regenerated when the record changes and has not been checked by a person. How it is made.
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- Westgate Mall, Bangor, ME · Malls · same strategy: reinhabit
Elsewhere on the web
Search images: Google · Bing · Commons · references: ULI case studies · Google Scholar
History and original facts
| 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. |
|---|
Not yet recorded: acres, GLA, year opened, original developer, what is there now, retrofit year. Know it? Tell us.
Timeline
- 2024 Conversion of unused retail space into apartments
Sources
- Comprehensive approach enables shop-to-flat conversion
2 quoted sentences
Retail premises in Kentwood Hill, Reading
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.