Thackeray Group, developer of the recently-consented market square development in Queen Victoria Street (QVS) in Reading, has begun a search for an apart-hotel operator for the scheme.
Thackeray has appointed Saxbury, a specialist apart-hotel agency, to find an operator to lease the 94-bed apart-hotel at the heart of the development.
The £30 million scheme at 1-15 Queen Victoria Street and 147-148 Friar Street, involves restoring Grade II-listed buildings and extending at the rear to create a market square with boutique retailers and independent food traders.
Antony Alberti, chief executive and co-founder of Thackeray Group, said: “The impressive Victorian buildings are well positioned at the gateway to Reading city centre, opposite the new Crossrail station. They are long overdue a comprehensive restoration, which this project will enable, and, once redeveloped, will provide high quality accommodation, leisure and retail.”
Ben Davis, co-founder of Saxbury, said: “The leasing of QVS presents a unique opportunity for a leading brand to gain scale and presence in one of the UK’s top three cities for digital technologies, and, with the benefit of the secured planning consents, these historical buildings can be remodelled to create one of the finest apart-hotels in the South East.”
Contact: Cameron Mitchell at cameron@thackeray-estates.co.uk
See the gallery below for CGIs of the QVS scheme.
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