TIDMLAS 
 
FOR IMMEDIATE RELEASE 
 
15 July 2019 
 
                      LONDON & ASSOCIATED PROPERTIES PLC: 
 
                   COMPLETION OF SHEFFIELD RETAIL UNIT SALE 
 
London & Associated Properties PLC ("LAP") today announces that it has 
completed the sale of a 999-year lease on 58-64 Fargate Street, the unit at the 
front of its Orchard Square shopping centre in Sheffield, to Metro Bank for its 
own occupation. 
 
The unit is currently let to River Island at GBP495,000 per annum and the net 
cash inflow from the sale is GBP9.5 million, which will be used to pay down 
outstanding debt on the shopping centre. 
 
                                    -ends- 
 
Contact: 
 
John Heller, Chief Executive, 
LAP.                                                           Tel: 020 7415 
5000 
 
Baron Phillips, Baron Phillips 
Associates.                                                             Tel: 
07767 444193 
 
 
 
END

(END) Dow Jones Newswires

July 15, 2019 02:59 ET (06:59 GMT)

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