Beaumont House, Plymouth

 

October 20th, 2015

A freehold office investment has been purchased by private clients of Turner Locker Barnfield for £1,150,000. Occupied by Nash & Co solicitors as their head office for many years and originally an 18th century country house, Beaumont House is Grade 2 listed and adjoins Beaumont Park,  just a short walk from the City Centre. The investment will produce a net return of approximately 8.1% for the investor. Savills acted for the vendor.

Yeovil

 

October 20th, 2015

Turner Locker Barnfield have negotiated a sale of the freehold interest of a 135,000 sq ft tannery complex and factory shop to Pittards, who have occupied the premises for many years, recently as tenants. The price paid was £3,600,000 and the deal will enable Pittards to invest in their business and the premises with confidence in the future.  

Nailsea – Pension Fund Return

 

October 20th, 2015

Turner Locker Barnfield have acted for a private pension fund in the acquisition of 61/63 High Street Nailsea. The price paid was £795,000 and the property is let to The Factory Shop Limited, for a further 15 years at £65,000 p.a. comprising an 8,000 sq ft shop and a 22 space private car park. The fund will benefit from a net initial yield of 7.75%. Savills acted for the vendor.

Newton Abbot

 

October 20th, 2015

Acting for a private investor, Turner Locker Barnfield have acquired the freehold interest in 18 Queen Street Newton Abbot for the sum of £350,000. The property is let to Cancer Research for 10 years at a rent of £26,700 p.a. upon full repairing and insuring terms providing a net return of 7.28%. Gerrard Matthews, Chartered Surveyor, acted for the Landlord.

Seaton – A New Store

 

October 20th, 2015

Turner Locker Barnfield have acted for Original Factory Shop in the acquisition of a new lease of 8 Harbour Road, Seaton. The shop comprising 8,000 sq ft was previously occupied by Rainbow Stores. The London office of Lambert Smith Hampton acted for the Landlord.

Modern Air Conditioned Open Plan Offices In The Heart Of The City Centre Now Let To Huntress Group

Forum--6 

October 7th, 2015

Acting for https://www.palacecapitalplc.com/ we have just let circa 150 sq. m. of refurbished air conditioned space to the recruitment specialists Huntress Group. https://www.huntressgroup.com/ Founded in 2000, Huntress Group has rapidly grown into the specialist recruitment partner  today with 11 offices spanning the country  and teams collectively placing over 12,000 candidates into new roles per year. Modern air conditioned open plan offices  

Black Swan Take New Lease On The Banks Of The River Exe

Kings Wharf River Exe offices to let 

September 30th, 2015

Black Swan Data have just taken a new lease in the riverside office building Kings Wharf Exeter.The suite created within a former wool warehouse extends to some 220 sq.m. and have fabulous view over the river Exe and its vibrant quayside area, the ideal location especially for  a Black Swan. https://www.blackswan.com/ https://www.exeterexpressandecho.co.uk/Big-data-experts-Black-Swan-big-plans-expand/story-26052167-detail/story.html in their own words;

All swans were assumed to be white until a European explorer, travelling to Australia in 1697, noted the existence of black swans. A Black Swan moment is a seemingly impossible to predict event that has massive consequences. We are inspired by Black Swan moments. Those moments that highlight there is a different/better way of looking at a problem.
Black Swan was created to find ground-breaking solutions that challenge the norm, inspired and empowered by rapid advances in data processing capability and predictive analytics. We bring together a diverse bunch of people from across the globe. Our people are fanatical about creating innovative solutions inspired by data.
We’ve got deep experience and world-class talent across big data, marketing and innovation, digital engineering, data science and digital communication. Our DNA is different and we think this helps us find new perspective and look at our clients' problems a little differently.

TLB Revival No2 Was Roaring Success!

TLB Revival 2015 Exeter with The Siren Sisters 

September 29th, 2015

TLB Revival No2 was roaring success! We did it all again on Saturday 26th September 2015 – Music from the Siren Sisters, Night Owls & Delta 88’s this year. Andrew Butler’s wonderful shots! the rushes of 2015 – click to follow! Little film of last years do – turn on your speakers! A glorious day again in Barnfield Crescent – Exeter for the Turner Locker Barnfield Revival which focused on classic cars, motorbikes and bicycles as well as vintage costumes – a genuine homage to Goodwood Revival & Salon Privé. Participants and visitors gathered from 11am to 4pm around a vast choice of vintage classic cars and various types of vehicles including motorbikes. The aim was to forget work for a day and meet other vintage/classic cars and motorbikes owners/enthusiasts, in order to share the same passion and exchange ideas and stories about these prestigious automobiles. However, it wasn’t just about engines and petrol heads; people had the opportunity to wear vintage clothes to match their vehicles and make that day even more special and memorable all in the beautiful private Georgian Crescent in the heart of Exeter’s city centre.

Freehold Investment Purchased- Vanguard House Yeoford Way Matford Park Exeter

 

September 25th, 2015

Private clients of Turner Locker Barnfield have purchased the freehold interest in Vanguard House, an office building completed in 2004 on Matford Park Exeter. The offices are let to BDW Trading LTD trading as Barratt and David Wilson Homes for a term of 10 years from December 2002 at a rent of £110,000 per annum. A price of £1,515,000 was paid reflecting a net initial yield of 6.9% JLL’s Bristol office acted for the vendor. https://www.barratthomes.co.uk/

Office Investment Let To Barratt Homes

VANGUARD HOUSE EXETER (2) 

August 21st, 2015

Acting for clients we have just acquired Vanguard House on the Matford Park Exeter, Devon EX2 8HL let to BDW Trading Ltd as South West HQ for Barratt Homes. Totalling some 9000 sq ft on two floors with a lift the building has 44 paring spaces. Turner Locker Barnfield will be managing the property too. JLL acted for the vendors teh Royal Bank of Canada Trust Corporation Ltd