Business
Acquisition of property
Acquisition of property.
About this update from Wynnstay Properties Plc
[{"type":"text","content":"\n \nRNS Number : 0643B Wynnstay Properties PLC 14 June 2016 \n\n14 June 2016\n \nWynnstay Properties PLC (the \"Company\")\n \nAcquisition of property\n \nThe 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. \nThe acquisition price of £1.95 million will be funded from the Company's own cash resources together with a new additional facility of £1.34 million from the Company's bankers. The four units generate net rental income of £134,250 per annum. \n \nFor further information please contact:\n \n \nWynnstay Properties Plc\n \nToby Parker, Finance Director\n \n020 7554 8766\n \n \n \nPanmure Gordon (UK) Limited\n \nAndrew Potts\n \n020 7886 2500\n \n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END ACQAKNDKOBKDCAD\n ","length":2256,"tagName":"div"}]