Property Acquisition
April 02 2001 - 8:18AM
UK Regulatory
RNS Number:4530B
Comprop Limited
2 April 2001
ComProp Limited acquired, on 30th March 2001, 100% of the issued share capital
of Lindbergh Limited for a consideration of #1,150,000 paid in cash. Lindbergh
Limited's sole asset is the freehold property No 1, Rue des Pres Trading Estate.
Lindbergh Limited has on 30th March 2001 entered into a twenty-one year lease on
a fully repairing and insured basis with three yearly rent reviews with Abbey
Garage Limited to rent the whole property at a starting rental of #86,250 per
annum.
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