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Osprey Management Company Limited

Town Mill

Town-Mill-001Town Mill, Marlborough, Wiltshire, SN8 1NS

Town Mill is a retirement development of 30 two bedroom cottages located on the site of an old Mill on an island on the River Kennet, with each cottage having its own parking space.
The picturesque second island offers walkways through to Marlborough High Street shops and Waitrose.
The historic town of Marlborough offers a wide variety of shops ranging from small boutiques to major chain stores, together with a selection of public houses, restaurants and churches. It has an excellent gold course. Communications are excellent with Hungerford 12 miles, Swindon 11 miles and Salisbury 22 miles. Mainline stations can be found at Swindon and Great Bedwyn (Paddington 1 hour). 

The Mill House Provides:

  • Resident Estate Manager's Office Drawing Room with riverside patio
  • Therapy Room and Hairdressing Salon Laundry Room
  • Guest Cloakroom Two Guest Suites with kitchenette
  • Alarm System/ Central Control for each cottage Gardener/Handyman for communal gardens

House Manager – At Town Mill the House Manager is responsible for the day to day running of Town Mill. She is generally on duty from 9a.m. to 5p.m. Monday to Friday to ensure all services and facilities at Town Mill run smoothly.

At weekends, Town Mill is monitored by Careline UK through an alarm system connected to their Central Control. During the House Manager's annual leave periods, the office is managed during the morning.

Service Charge
The Osprey Management Company will be responsible for the maintenance and redecoration of all communal areas and the redecoration and maintenance of external parts, day to day management and buildings insurance.
The cost of these services is divided between the residents of each cottage by way of an annual service charge, payable quarterly in advance.
The cost of these services is divided between the residents of each cottage by way of an annual service charge, payable quarterly in advance. At the year end a set of service charge accounts are drawn up in accordance with Section 21(2) of the Landlord & Tenant Act 1985, and a copy given to each resident. All bills, receipts and invoices relating to these accounts are, at the year end, available for inspection in the House Managers office, thus giving complete financial transparency.

Two meetings are held each year – one to discuss the year end accounts and one to discuss the Budget. On both occasions, residents are invited to submit questions prior to the meeting and raise issues of any concern they may have with regard to the year end figures or Budget. Additional meetings are organised if felt appropriate..

It is a requirement under the Landlord & Tenant Act 2002 that consultation takes place with regard to major repairs or extensive external or internal redecorations.
Each year, under the service charge collection, a sum is set aside for the Reserve Fund to take care of future large items of expenditure.

At Town Mill the cottages are freehold, and prospective purchasers are required to enter into a Deed of Covenant with the Management Company.

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