47 Fore Street Topsham

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%