Wynnstay Properties PLC Acquisition of property (0643B)
14 June 2016 - 4:00PM
UK Regulatory
TIDMWSP
RNS Number : 0643B
Wynnstay Properties PLC
14 June 2016
14 June 2016
Wynnstay Properties PLC (the "Company")
Acquisition of property
The Company is pleased to report that contracts to purchase four
adjoining trade counter and industrial units in Lichfield from
Ebury (Lichfield) Limited have been exchanged, with completion in
the near future.
The acquisition price of GBP1.95 million will be funded from the
Company's own cash resources together with a new additional
facility of GBP1.34 million from the Company's bankers. The four
units generate net rental income of GBP134,250 per annum.
For further information please contact:
Wynnstay Properties Plc
Toby Parker, Finance Director
020 7554 8766
Panmure Gordon (UK) Limited
Andrew Potts
020 7886 2500
This information is provided by RNS
The company news service from the London Stock Exchange
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