Back Street, Trowbridge

Property Details: • Type: Land • Tenure: FREEHOLD • Floor Area: N/A

Key Features: • TOWN CENTRE DEVELOPMENT SITE • EXTANT PLANNING PERMISSION FOR 22 APARTMENTS • MAINS SERVICES CONNECTED • ON SITE PARKING • GRADE II LISTED • PART NEW BUILD, PART CONVERSION • IMPRESSIVE GROSS DEVELOPMENT VALUE • CLOSE TO TRAIN STATION AND SHOPS

Location: • Nearest Station: Trowbridge Station • Distance to Station: 0.20155071345452683 miles

Agent Information: • Address: 15 Fore Street Trowbridge BA14 8HA

Full Description: This town centre property comes with planning permission extant for 22 apartments. A sizeable development of part new build and part conversion, the building is connected to mains services and has parking on site.<br /><br />Planning permission was granted in March 2011 to convert the current commercial unit as well as building a three storey addition to the north east of the existing property. Footings for the new part were started and the seller has advised that planning is therefore extant. The planning reference for the scheme is W/07/03403/FUL although due to its age, there is limited information available on the Wiltshire planning portal. <br /><br />The schedule of accommodation shows 11,125 SQFT (1,038 SQM) split across one and two bedroom apartments. That said, a few of the apartments are borderline or below the minimum required for mainstream lending and so a buyer may wish to revisit the plans. There are also provisions for parking with 8 spaces within what would become a gated courtyard and further parking to the eastern edge of the site. The property is connected to mains water, sewage, gas and electricity. <br /><br />Please note that AI has been used to produce a CGI image of how the development could look. This is not exactly in line with the plans and so should be used for illustrative purposes only. The property is Grade II Listed and within the Trowbridge Conservation Area. The building is in need of repair and although there are signs of historic structural movement, there have been preventative measures put in place. A small area in the south western corner of the development is currently owned by Wiltshire Council. A buyer may wish to revisit the plans to exclude this area or negotiate directly with Wiltshire Council regarding a purchase of this area. The buyer should seek advice regarding CIL liability and whether this would apply due to the timing of the planning permission, the listed status and how recently the property has been let on a commercial basis. <br /><br />When viewing the property, sensible clothing and shoes must be warn and it is imperative that viewers make a sensible assessment with regards to health and safety. The upper floors show evidence of droppings from rodents and birds and so viewers are advised to bring suitable PPE.<br /><br />