House for sale in Bath, Gay Street, BA1 : Bath : BTH250128

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4 bedroom house, Gay Street, Bath BA1 - Available

Gay Street, Bath BA1

4 Bedroom | Freehold | 3 Baths

Guide price £800,000

Bath Spa 0.5 miles

Oldfield Park 0.8 miles

Hilton Hotel 0.2 miles

A landmark five storey Grade I Listed townhouse built in 1734 with designs by the renowned John Wood the Elder. The property is presently arranged as offices, however, planning permission has been granted for change of use to residential.

This impressive end-of-terrace Georgian home was built in1734 by John Wood the Elder and sits on a corner between Queen Square and Gay Street. Constructed from Bath stone, it features a curved frontage with large sash windows and a standout Venetian window on the first floor. Inside, the main living space is unusually shaped with curved ends, decorative plasterwork, and tall columns, making it one of the most remarkable rooms of its kind in the city. Built for a wealthy Quaker, its design and location have made it one of the city’s most recognisable historic homes. It has been used for many years as an office but now has consent to return to a private dwelling. The property is currently used as offices by the tenant.

Planning
Planning consent was granted on 13th July 2023 for consent to ‘Change of use from Office (Use Class E.(g)(i)) to a Dwelling (Use Class C3)'
This consent is valid for a period of 3 years. The consent may be found at: https://www.bathnes.gov.uk/webforms/

Situation
Bath is a city of international reputation, located approximately 100 miles west of London and 13 miles east of Bristol. It is set within a landscape and built environment of the highest quality, with a residential population of over 90,000 and annual visitor numbers exceeding 4 million at the last Census. Bath is served by excellent transport routes, including frequent train services to Bristol (c. 12 minutes) and London Paddington (c.90 minutes). The property is situated along the Eastern Side of Gay Street, towards its Southern end, at the junction with Queen Square and on the A4, one of the primary routes to and from the city centre from the West and East. Gay Street is a long-established office and residential location, approximately 10 minutes’ walk from Bath Spa mainline railway station and 2 minutes’ walk from city centre shopping. The properties are Grade II Listed and are of typical Georgian Construction being ashlar Bath stone with slate tiled mansard roof. They form part of a terrace of similar properties, some with small gardens or courtyards to the rear (opening onto Barton Buildings). The whole terrace is in mixed use, being mainly office, retail and residential.

Tenure
The property is offered for sale freehold and subject to a tenancy to Morgan Financial Group Ltd. The lease is protected under the 1954 Landlord & Tenant Act and provides for an annual rent of £85,625 per annum to the Landlord. The lease expires on 22 August 2026 and is drawn on Full Repairing and Insuring Terms. The tenant has been clear in correspondence that they do not intend to renew the lease. A copy of the lease is available on request.

Additional Information
Local Authority: Bath and North East Somerset
Council Tax: Band TBC
EPC: Band TBC
Viewings: Strictly by appointment with Carter Jonas

The next steps...

Establish funds

How will you fund the purchase?

Before making an offer on a property you will want to consider your financial situation, your income and outgoings.

Will you finance the purchase of your next property from the sale of an existing property which can put you in a chain, arrange a mortgage through your bank or buy the property outright.

To help you finance your next property purchase, we have a long established relationship with an independent mortgage broker who can discuss your situation with you.

Remember that having a 'mortgage decision in principle' can make you a more attractive buyer when you make an offer on a property. Contact our mortgage advisers for free, no obligation and impartial advice.

Some advantages of a broker are:

They do all the legwork for you, working on your behalf with the lender
They compare wholesale mortgage rates from a large number of banks and lenders all at once
Their wholesale interest rates can be lower than retail (bank branch) interest rates
They offer more loan options because they work with numerous banks and lenders
They can finance tricky deals because of their knowledge and various lending partners
They are typically easier to get in contact with, and are less bureaucratic.

However advantages of working with your bank are:

You may be able to build off an existing relationship (and gain discounts if you have a checking or savings account)
You may already know the banker who will handle your mortgage
Banks may be more accountable than a smaller shop
They may offer lower interest rates in some cases
Their ability to add mortgage to existing banking profile and make automatic payments from linked account.

Making an offer

with Carter Jonas.

When you see a property you are interested in on our website, call us 24/7 to arrange a viewing. Or if you prefer, get in touch via our website and we will call you back to find a time to view the property that suits you.

Once you’ve found a property you want to buy, it’s time to make an offer. A bit of negotiation is to be expected, however don't offer so little that you end up in a lengthy negotiation process, as you might lose the property altogether if someone else makes a higher bid.

If other offers have been made on a property we aren't legally able to tell you what they are, but we may indicate if they were close to the asking price.

Need to sell a property

or thinking of letting?

If you have a property to sell, why not see how we can help you.

Or if you’re considering letting your property, we can take the stress out of managing your rental, and our award winning lettings team offer a service that can be tailored to your needs.

Combined with nearly 170 years of experience and one of the highest customer satisfaction scores in the industry, Carter Jonas is the perfect property partner.

Why not book a free, no obligation valuation of your property and find out how Carter Jonas can help you make your next move.