Planning granted for Reading revamp

Go ahead for 100 bed hotel and restaurant at Broad Street Mall, Reading

Inception (Reading) and asset manager Moorgarth Group have been granted detailed planning consent for a 101-bedroom Premier Inn hotel and ground floor restaurant, at Broad Street Mall in Reading.

Iceland committed to relocating from Weldale Street in the town centre last year and signed a 10-year lease on a new 9,000 sq ft store. Part of the former Argos store, the space has been reconfigured and will also incorporate a new boutique cinema and additional retailers. New Look and Poundland have also just committed to their long-term future at the centre by signing new 10 year leases .

Moorgarth also recently gained permission from the planners a new food hall concept at the southern side of the Centre.

Moorgarth Group’s managing director Gary Lewis csaid: “This is an exciting step forward in the rejuvenation of Broad Street Mall and the first phase of the regeneration of Hosier Street. Recently a number of key retailers have committed to the centre and plans are underway to broaden the leisure offer.”

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