Sale of leisure asset, Mecca Bingo Limited
13 April 2022
Ediston Property Investment Company plc (the 'Company')
(LEI: 213800JRL87EGX9TUI28)
Sale of leisure asset, Mecca Bingo Limited, The Lanyard, Hartlepool
The Ediston Property Investment Company plc (LSE: EPIC) confirms that it has sold its leisure asset at The Lanyard, Hartlepool, which is let to Mecca Bingo Limited. The sale price of £2,620,000 is 16.4% above the most recent valuation of the property (31 December 2021).
The impact of the sale will be accounted for as part of the overall movement in the portfolio value in the next NAV announcement, for the quarter ended 31 March 2022, to be made in April 2022.
End
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Enquiries |
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Will Barnett |
- Investec Bank plc |
0207 597 5873 |
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Calum Bruce |
- Ediston Properties Limited |
0131 225 5599 |
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Ruth Wright |
- JTC |
0203 893 1011 |
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Ben Robinson |
- Kaso Legg Communications |
0203 995 6672 |
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Stephanie Ross |
- Kaso Legg Communications |
0203 995 6676 |
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