Source - RNS
RNS Number : 9841M
Caffyns PLC
19 October 2016
 

Caffyns PLC

 

Acquisition of Property

 

19 October 2016

 

 

Caffyns plc (the "Company") announces that it has acquired a parcel of land, approximately 2.1 acres, in Ashford, Kent (the "Land"). Total consideration for the Land is £1.125 million in cash which will be satisfied from the Company's existing bank facilities.


The Land adjoins the Company's current operations in Ashford and is intended to be used to further expand its existing used car operation, Caffyns Cars.

 
  
Enquiries: 
Simon Caffyn, Chief Executive 

Mike Warren, Finance Director 

 

Telephone:  01323 730201


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