Taunton cinema snapped up 

Taunton’s Odeon Cinema has changed hands in a £10.45m deal led by Altitude Investments. The cinema is located on Herons Gate retail park, near junction 25 of the M5.

It was acquired by a local investor.

George Turnbull, director of Altitude, said: “We are very pleased to have concluded another off-market acquisition, proving that there is always room for the ‘nimble’ investment firms to transact in these difficult market conditions.

“Altitude is a small firm, but we have great contacts nationally which enables to uncover these opportunities and keep a strong deal flow for our investors.”

Others occupiers of Herons Gate include Oak Furniture Land, The Range and Travelodge.

Source: Taunton cinema snapped up | Insider Media