Two retail shops forming part of a comprehensive and high quality conversion/development undertaken approximately 10 years ago and comprising two retail shops let to The Village Optician and First for Flowers. The present rental income is £16,150 per annum including £100 per annum ground rent for the four apartments above. The shop tenants pay 1/6 of the service charge for the building which equates to £1,459 per annum. The purchaser of the freehold will take over the estate management of the property which is presently handled by an independent management company on behalf of our client.
Further particulars are available upon request including the break down of the service charge expenditure.