Point to a shed that's close (4)
I believe the answer is:
shut
'close' is the definition.
(I know that close can be written as shut)
'point to a shed' is the wordplay.
'point' becomes 's' (South).
'to a shed' becomes 'hut' (I've seen this before).
's'+'hut'='SHUT'
'that's' is the link.
(Other definitions for shut that I've seen before include "Closed" , "Slam" , "Close" , "not accepting visitors" , "Out of business" .)