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Caffyns Sells Freehold Property In East Sussex For GBP950,000

1st Apr 2015 10:14

LONDON (Alliance News) - Caffyns PLC Wednesday said it will sell its freehold premises at High Street, Uckfield to Jarrets Motors Ltd for GBP950,000.

It expects to be paid before April 2 and will reinvest the proceeds in its business and use it to reduce borrowings.

Caffyn shares were down 1.2% to 533.50 pence per share on Wednesday morning.

By Joshua Warner; [email protected]; @JoshAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.


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