Unique Opportunity to Invest in Bath History
Bath, Somerset (PRWEB UK) 12 March 2015 -- Consisting of a number of flats, commercial units and a restaurant, the properties also present excellent investment opportunities. The rents and service charges on all three properties have not been reviewed for some years. There is greater potential for increased rental yield or other usage, subject to the necessary consents.
10 Laura Place: Consisting of six commercial units and four flats, including one to the rear at garden level, this townhouse was extensively refurbished in 2007.
11 & 12 Laura Place: These two properties have been brought together and comprise six commercial units and six flats, with one flat to the rear at garden level.
The Spring Garden restaurant: Built in 2004 in a unique boat-house style, this is currently rented out as a fully licensed Italian restaurant. It consists of a downstairs bar and outside seating area, a restaurant on the first floor and a balcony with seating.
Rents
The rents and service charges on all three properties have not been reviewed for some years. There is greater potential for increased rental yield/other usage (subject to necessary consents).
History
The properties were built between 1788 and 1790 by Thomas Baldwin, for Sir William Johnstone Pulteney.
Laura Place was planned as an irregular octagon to join four streets of different widths and four terraces of houses, of which these are one. It is named after Sir William’s daughter, Henrietta Laura Pulteney, who laid the foundation stone in March 1788 and inherited the estate in 1792.
On purchasing these properties the buyer will join illustrious names including William Wilberforce, Napoleon III and Admiral Earl Howe, who all owned property on Great Pulteney Street.
Neighbourhood
The city centre is only a few minutes’ walk away, past the fountain at Laura Place and across the famous Pulteney Bridge. The Recreation Ground, home to Bath Rugby Club, is located at the end of Johnstone Street just opposite. The carefully manicured gardens of Henrietta Park and the larger Sydney Gardens are just a short walk away, as is the Holburne Museum and Kennet and Avon canal. Several good schools, both private and state, are available within the area, including King Edwards, The Royal High School for Girls and Kingswood.
For more enquiries
It is fitting that such a historic group of properties is on the market with Pritchards, Bath’s longest-established estate agents, which was set up in 1785 – only a few years before these remarkable townhouses were built.
Please click here for more information on this property or to arrange a viewing please contact us by calling 01225 466225.
Jon Baker, Pritchards Estate Agents Bath, http://www.pritchards-bath.co.uk, +44 1225466225, [email protected]
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