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1 Apr 2015 10:59
RNS Number : 1582J
Caffyns PLC
01 April 2015
PROPERTY DISPOSAL
Caffyns plc (the "Company") announces that it exchanged contracts with Jarretts Motors Limited for the sale of the Company's freehold premises at High Street, Uckfield, East Sussex for £950,000 on 31st March 2015. The consideration is payable in cash on completion on or before 2nd April 2015.
The proceeds will be reinvested in the Company's business and used to reduce the Company's borrowings.
1 April 2015
Enquiries:
Simon Caffyn
Chief Executive
Mark Harrison
Finance Director
Telephone: 01323 730201
This information is provided by RNS
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