Bidders were invited to pay £1.3m for the freehold of Bishop’s Stortford shopping arcade Florence Walk. The 13 units were up for online auction with Allsop on Wednesday (July 17) along with a residential ground rent investment of six flats, already sold on long leases. Prospective buyers were told the mall, which runs between North Street and Water Lane, comprises commercial accommodation extending to 520.53 (5,603 sq ft) on a 0.285-acre site. That results in a current gross rent of £148,650 a year. Businesses currently based at the arcade include Stock Florist, Kemphouse Kitchens Ltd, St Eliz…