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 £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.
For further information please contact:
Wynnstay Properties Plc
Toby Parker, Finance Director
020 7554 8766
Panmure Gordon (UK) Limited
Andrew Potts
020 7886 2500
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