Somerset
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LondonMetric sells Taunton Odeon
LondonMetric Property has sold the freehold of the Odeon cinema in Taunton, Somerset, to Asda Pension Fund
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Crown sells South West sites for housing
The Crown Estate has sold two sites in south-west England to David Wilson homes.
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TCN and BMT agree joint venture
TCN have agreed a joint venture with BMT Group to redevelop the Grade II-listed Newark Works building in the Enterprise Area of Bath.
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Lancashire fund snaps up £18.5m Somerset asset
Lancashire County Pension Fund has bought Dolphin Square, Weston-super-mare, Somerset from Life McLaren for £18.5m – a net initial yield of 6.1%.
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Success is keeping it simple
Burger & Lobster co-founder George Bukhov talks about his stripped-back menu and £20 burgers
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Auctions news in brief
July to September 2015 saw a 4.9% fall in the number of auction lots offered nationally and a 0.7% dip in lots sold, compared with the same quarter in 2014.
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M&G takes Bath retail opportunity
M&G Real Estate has bought a prime retail opportunity in Bath for £25.7m – a yield of 4.8%.
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Bath’s blocked pipeline
A severe lack of modern, grade-A office space is causing a ‘key blockage’ for Bath and risks causing major employers to look elsewhere
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Empiric splashes in Bath
Empiric Student Property has exchanged contracts to buy the leasehold on a student housing scheme in Bath for £7.7m
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Audley wins planning for twelfth retirement village
Audley Retirement Villages has won planning for a 124 home luxury retirement residential scheme on the site of the former Redwood Hotel and Country Club in Failand, North Somerset.
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Five new fashion names for Sovereign Centre
Vixcroft has signed five new tenants at the 118,000 sq ft Sovereign Centre in Weston-super-Mare.
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Bill’s picks Orchard Centre
Bill’s has signed for a new 2,500 sq ft restaurant space at Orchard Shopping Centre in Taunton, Somerset.