PROPERTY NEWS What’s new in Bath’s property market

Visual representation of how Newark Works might look on completion

Riverside development NEW WORK FOR NEWARK The site of one of Bath’s most famous industrial fi rms Stothert and Pitt, who were ‘the crane makers of the world’, is going to be transformed into a 40,000 sq ft creative campus.

Newark Works, on the Lower Bristol Road, is being developed by TCN, who have signed a £7 million contract with BAM Construction. The refurbishment of the historic buildings includes new roof structures, replacement windows, and full internal reconfi guration to create a workspace with ancillary retail and leisure facilities. The mix of units will contain around 40-50 small- and medium-size companies, along with meeting areas, break out facilities, and amenities to enable a collaborative and inspiring environment.

The 16-month build programme, which is part of Bath Quays South enterprise development, began late-August and it is scheduled to be fi nished in December 2021.

Richard Pearce, CEO of TCN, says, “Newark Works will once again be the entrepreneurial pride of Bath. We are delighted to have reached this point and welcome BAM on board to help us deliver our vision.” For more: www.newarkworks.co.uk

Hotel for sale CHECKING IN

The Grade II Lansdown Grove Hotel is to come onto the market with a guide price of £8 million. The grand Regency-style property has 61 rooms, which have recently benefi tted from signifi cant investment to upgrade its bedrooms and public areas. The 18th century property, for which Savills and Carter Jonas are joint agents, also comprises a large reception area, lounge bar, restaurant, and private lawned gardens. Plus there’s private parking for around 40 cars, which, in Bath, is probably worth the £8 million alone. For more: www.carterjonas.co.uk/ www.savills.co.uk

ABOVE: Ariel view of the magnifi cent Lansdown Grove Hotel RIGHT: The 61-bedroom property is on the market for £8 million