Exeter

Turner Locker Barnfield have acted for Greendale Investments Limited, in the sale of the freehold commercial investment in 35/37 Queen Street, to a private investor based on an asking price of £525,000. The property is let to British Heart Foundation trading as a Furniture and Electrical retail store, for a further 7 years at a rental of £50,000 p.a. The shop occupies a busy secondary location opposite Wetherspoons and close to Burger King. The price represents a net initial yield of 9%.