McKay secures its Greyfriars Road home

Posted by Alan Bunce | Feb 25, 2020 | Development, News, Office, Reading, Residential, Thames Tap | 0 |

McKay Securities has applied for prior approval to turn its Reading head offices into flats – but the firm has no plans to move.

An application has been made to Reading Borough Council to convert the firm’s Greyfriars Road offices into 43 flats under Permitted Development Rights.

But chief executive Simon Perkins has told Thames Tap the application is simply good housekeeping to protect the site’s value and keep future options open.

He said McKay Securities has no plans to move in the meantime.

The application is to convert the building into 23 one bedroom, 19 two bedroom and one three-bedroom flats.

* Image: Google.

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Alan Bunce

Alan edits and delivers the latest commercial property news happening in the Thames Valley in the shape of the Thames Tap. Published weekly, Alan uses his extensive journalist skills, harnessed when Business Editor at Reading Chronicle and Reading Post, to edit our newsletters. A Reading Royal.