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Last checked at 
11 Nov 2013 16:18
11 November 2013
TOWN CENTRE SECURITIES PLC
Director Declaration and Barratts Trading Limited
Town Centre Securities PLC ("TCS" or "The Company"), the Leeds based property investor and car park operator provides the following Director Declaration and update on Barratts Trading Limited ("Barratts").
The Company notes that Barratts, with whom it shares a common director, Michael Ziff, has entered administration. The Company commented this morning that Barratts no longer trades from any retail premises owned by the Company. Barratts is a tenant of the Company, at its Head Office located at Harrogate Road, Apperley Bridge, Bradford. The rental income from the property is £235,000 per annum which is approximately 1% of TCS's gross income. TCS has previously announced that it has obtained council support for redevelopment of the Apperley Bridge property for residential development.
Ends
For further information, please contact:
Town Centre Securities PLC | www.tcs-plc.co.uk |
Edward Ziff/Chris Kelly | 0113 222 1234 |
MHP Communications |
|
Reg Hoare / Vicky Watkins | 020 3128 8100 |
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