Property Disposal
14 Janvier 2004 - 5:41PM
UK Regulatory
RNS Number:2488U
BFS Managed Properties Ltd
14 January 2004
BFS Managed Properties Limited
Property Disposal
BFS Managed Properties Limited (the "Company") announces that its subsidiary,
BFS Managed Properties Holdings Limited, has sold its freehold interest in an
investment property situated at the Marina in Lowestoft for a total
consideration of #1.78 million. The property comprises a two storey office let
to the Department Of Work And Pensions. Completion took place on 8th January
2004.
The investment was valued at #1.785 million (September 2003) by Lambert Smith
Hampton on a market value basis in accordance with the RICS Appraisal and
Valuation Manual.
Enquiries:
Harry Hyman
Nexus Property Management Services Limited Tel: 01483 306912
William van Heesewijk
BFS Investments plc Tel: 01483 237773
This information is provided by RNS
The company news service from the London Stock Exchange
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