Newton Abbot

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.