Acting for private pension fund clients, Turner Locker Barnfield have acquired the freehold interest in Units 1 and 2, 54 Ridgeway, Plympton for £865,000.
The property is let to Superdrug and Coral Bookmakers at rents totalling £95,000 p.a. and a net initial yield of 10.4% is produced. Vickery Holman acted for the vendors.