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STE Stewart & Wight

525.00
0.00 (0.00%)
03 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Stewart & Wight LSE:STE London Ordinary Share GB0008556192 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 525.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Acquisition

31/03/2003 5:00pm

UK Regulatory


RNS Number:4061J
Stewart & Wight PLC
31 March 2003

                              STEWART & WIGHT PLC

                       845 FINCHLEY ROAD, LONDON NW11 8NA

                     TEL: 020 8455 1111 FAX: 020 8455 9191


                                  ANNOUNCEMENT

                              STEWART & WIGHT PLC



31 March 2003


Stewart & Wight plc has contracted to purchase the freehold property known as 
23 High Row, Darlington, for the price of #715,000 with the completion due on 22
April 2003.

The whole of the property is let for a term of 99 years from 7 February 1964 at
a current rent of #38,500 per annum with rent reviews in 2013 and 2038. The
property is sublet to Boots the Chemist at #41,125 per annum until 2011. The
purchase will be funded from the company's own resources.

The Board of Stewart & Wight plc consider that this latest acquisition to be a
good addition to the property portfolio of the Company.



DAVID M CRAMER

Director



Registered Office as above. Registered in England No. 57142


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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