Chard

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%