QS Holdings PLC - Disposal, etc
01 July 1997 - 1:02PM
UK Regulatory
RNS No 7753w
QS HOLDINGS PLC
1st July 1997
QS HOLDINGS PLC
SALE & LEASE-BACK OF PROPERTY
QS Holdings plc, the clothing retailer, announces the sale and lease-back of
its store at High Street, Poole.
The transaction, agreed today with The London Borough of Tower Hamlets raises
#1.2 million, which will be used for the future development of the stores and
the business.
QS opened in Poole in November 1983 and subsequently purchased the freehold in
July 1989 for #1.2 million. The current net book value of the property is
#1.12 million.
END