Retail Space FOR SALE in Reading, Berkshire

Property Description

The Oracle, Reading – Prime Shopping and Leisure Destination
Located in the heart of Reading town centre, *The Oracle* is a flagship retail and leisure destination offering over 750,000 sq ft of prime commercial space. Owned and managed by Hammerson PLC, this major regional shopping centre plays a critical role in Reading’s urban core, drawing footfall from across the Thames Valley and Greater London.
Key Highlights
Recent Investment:Over £31 million invested in the past 3 years, enhancing the Riverside dining zone, car park, and upgrading to modern double-height shop fronts.
Leisure & Retail Mix
The Oracle hosts an exceptional blend of over 100 retail and dining brands, offering both international retailers and local boutiques. Anchored by flagship stores and complemented by high-performing leisure operators, it includes:
Restaurants & Riverside Leisure: 20 restaurants and cafés, such as Wagamama, Las Iguanas, and Pizza Express
A 10-screen Vue Cinema
Key Tenants include House of Fraser, Apple, Zara, Next, and H\&M
Retail Floor Levels: Lower Mall, Upper Mall, and Riverside dining zone
Annual Footfall of 15 million visitors
Average Dwell Time:** 79 minutes
Catchment Population: 1.3 million
Annual Visits Per Person: 61
9,000+ at the University of Reading
Nearly 40% of residents are under 30
Situated on the banks of the River Kennet
Proximity to London: Approximately 40 miles west of London
Transport Links:Adjacent to Reading Station – the UK’s busiest interchange outside London, with direct links to Paddington, Oxford, and Heathrow.
A selection of units are currently available to let across the Lower Mall and Riverside, suitable for flagship retail, boutique stores, or F\&B operators. Sample units include:
Store B, Lower Mall:45,581 sq ft –To Let
Unit R7, Riverside:6,290 sq ft – To Let
Unit L34–L35, Lower Mall: 1,122 sq ft To Let
For full availability, site plans, and rate card, detailed brochures are available upon request.
As one of the leading shopping destinations in the South East, The Oracle benefits from a high-value catchment, substantial visitor footfall, and robust infrastructure investment. Its diversified tenant mix, modernised amenities, and riverside location continue to drive both consumer engagement and retailer performance.

Price: Available on Application (POA)
Contact Fraser Bond for leasing terms, investment packs, or guided viewings.