October 11th, 2012

Turner Locker Barnfield have recently arranged a letting of the ground floor of 3/4 Cranmere Court to Living Options. The suite comprises 4,500 sq ft of good quality office accommodation and the premises will be refurbished to provide enhanced wheelchair access for the new tenant.

October 11th, 2012

Turner Locker Barnfield have acted for the Original Factory Shop in their acquisition of a new lease in premises at Regal House Fore Street Saltash. The premises comprise a 6,000 sq ft retail unit with 1,500 sqft of first floor ancillary space.

October 11th, 2012

We have just let salon space to Olive Tree Therapies in 18 Southernhay West Exeter EX1 1PJ

July 12th, 2012

TLB as joint auctioneers have sold retail investment properties in Glastonbury, Llannelli, Risca, Bristol and Weston Super Mare at a combined price of £2,145,000.

July 12th, 2012

Turner Locker Barnfield have acted for a private investment company in the acquisition of the freehold interest in premises at Plymbridge Road, Estover Industrial Estate, Plymouth at Jones Lang Lasalle's July auction. The premises were let to Pilkington Glass with 3 years unexpired at a rental of £177,000 per annum. A price of £1,240,000 was paid reflecting a net initial yield of 13.5%

July 12th, 2012

Turner Locker Barnfield have acted in the sale of Unit N2, Eagle Road, Langage Business Park, Plymouth on behalf of a private investor. The price achieved was £400,000 and the property was let at a rent of £37,000 per annum. The sale produced a net initial yield of 8.83%. Monk and Partners acted for the Purchaser.

July 12th, 2012

Turner Locker Barnfield have acted on behalf of Holemoor Properties Limited in the acquisition of the freehold investment at 45 - 46 High Street Ilfracombe. The ground floor of the property is let to The Original Factory Shop for 20 years from 7 October 2008 at a rental of £42,000 p.a. upon full repairing and insuring terms with 5 yearly upwards only rent reviews. There are two flats above held on long leases. A price of £595,000 was paid reflecting a net initial yield of 6.68%. Van De Berg Management Limited acted for the vendor. The ground floor provides 2,800 sq ft (260.12 sq m) of sales and there is a basement storage area of 2,282 sq ft (212 sq m).

July 12th, 2012

Turner Locker Barnfield have acted in the sale of the above property to a private investor for the sum of £195,000. The ground floor of the property is let to Devon Air Ambulance for 9 years from the 25th September 2003 at a rent of £14,600 p.a. and the upper parts are let as residential accommodation on long lease, subject to a nominal ground rent. The net initial yield was 7.3%

July 12th, 2012

Gillingham. Turner Locker Barnfield have acted in the acquisition of the freehold interest in the above property on behalf of a private investor for the sum of £830,000. The property is let in its entirety to The Original Factory Shop until November 2023 at a current rent of £45,000 p.a. rising to £60,000 p.a. in November 2011. The property comprises an out of town retail unit close to Focus and Waitrose with a ground floor of 5,110 sq ft (474.74 sq m) and a mezzanine of 2,016 sq ft (187.30 sq m). Edward Preece and Co acted for the vendor.

July 12th, 2012

Turner Locker Barnfield, acting jointly with Philips Lockhart, on behalf of the Yorkshire Development Company, have sold the freehold interest in the Old Station, Great Western Road, Chard, for the sum of £850,000. The property had been let from September 2010 to The Original Factory Shop for a term of 15 years at a rent of £67,500 p.a. with RPI uplifts. The building provided 8,242 sq ft of ground floor retail accommodation and 23 parking spaces were available. The sale represents a net initial yield of 7.5%