- Land & Development
- Block Management
SITUATION This new development forms part of The Gateway, a modern and attractive development of shops and apartments with roof top parking all located on the western side of the town centre. Trowbridge railway station is very close and all of Trowbridge's excellent shopping, leisure and educational amenities including a multi-screen cinema.
Trowbridge is the county town of Wiltshire and boasts a thriving local economy just 10 miles from Bath and with easy access to several nearby towns.
DIRECTIONS The development will be found on the western side of the town centre with the main entrance off The Gateway Courtyard just off Bythesea Road with its rear elevation to Stallard Street very close to the turning into the train station.
DEVELOPMENT This exciting development has created six self-contained flats on the first and second floor of a modern building, originally used as office space. There is a lift and separate staircase giving access to each level and a separate lift and staircase nearby giving access to the carpark.
Flats are being finished to a high standard including fitted kitchens and contemporary bathrooms with an economical all electric heating.
Apartments will be ready for occupation late Spring to early Summer 2018.
Each flat will have a fitted kitchens with oven, hob with extractor hood over and fridge/freezer. Bathrooms include large fully tiled showers and contemporary style suites with low voltage spot lights and hard flooring to kitchen and bathroom areas. Each flat will be carpeted.
EXTERNALLY Each flat will have access to an enclosed bin storage area and use of communal bins.
PARKING Each flat will have a permit to park on the car park at the roof of The Gateway building with access from Bythesea Road.
SERVICES Main services of electricity, water and drainage are connected. Heating is from the electric panel heaters and electric immersion heater (not tested).
TENURE The flats will be sold on a new lease. There will be an annual ground rent and a service charge. Ground rent for the first 25 years is £150.00 per annum rising after 25 years to £175.00 for the 26th - 50th year. 51st - 75th year the ground rent is £200.00. 76th - 100th year is £225.00 and from the 100th year to the remainder of term is £250.00.
There is a service charge on each individual apartment. The service charge for the current year 2018 are: Flat 1 - £1,261.57 per annum, Flat 2 and Flat 3 - £1,721 per annum, Flat 4 - £1,253.99 per annum, Flat 5 and 6 at £1,710.80 per annum.
WARRANTY Details available on request.
FIXTURES AND FITTINGS The property is to be sold to include the fixtures and fittings as stated on these sales particulars.
COUNCIL TAX Yet to be assessed.
LETTINGS Kavanaghs offer Full Letting and Management services and are happy to advise purchasers on the let ability. We have estimated the likely rental income on this property to be in the region of £575.00 - £600.00 per calendar month.
CODE 9368 15/06/2018