9th Jun 2005 07:00
Beale PLC09 June 2005 9 June 2005 FOR CLOSURE OF WALTON ON THAMES STORE The Board of Beale PLC (The Company) announce that they have reached acommercially acceptable agreement with O&H Properties, landlords of the Waltonstore, for the early surrender of the lease. Their intention is to redevelop thesite. The Company will receive a cash consideration of £575,000 for the surrender,payable in two instalments. The store will therefore close on Saturday, 14th January 2006. The Company is actively looking for alternative sites in the Walton-on-Thamesarea. The Board is sad to be closing the store after many successful years trading inWalton and would like to thank all its customers and staff for their continuingloyalty. For further information: Beale PLC Tavistock CommunicationsAllan Allkins, Chief Executive Lulu BridgesKen Owst, Finance Director Paul DulieuTel: 01202 522 022 Tel: 020 7920 3150 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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