Exeter

Turner Locker Barnfield have sold the freehold interest in Swallow Units, Alphinbrook Road, Exeter on behalf of clients to a private purchaser for the sum of £1,060,000. The property comprises 11 small industrial units of between 1250 and 2500 sq ft with a rent roll of £91,000 p.a. and one vacant unit. The sale produces a net initial yield of 8.1% and the purchaser was represented by Haarer and Goss