Service Charge.
The service charge for the asset is operated under two separate schedules, one relating to 105-111A Winchester Road and one relating to 113 Winchester Road. Both budgets run from 1st April 2017 to 31st March 2018. The budget for the former is £26,344.36 and the latter is £26,820.16. There is currently an irrecoverable landlord shortfall of £33,894 – of which the vendor will guarantee £24,162 (vacant offices) for a period of 12 months. The remaining £9,732 consists of inclusive leases.