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Purchase of Leeds Cold Store

18th Feb 2010 15:07

RNS Number : 3627H
Norish PLC
18 February 2010
 



Norish plc ("Norish" or the "Company")

 

18 February 2010

 

Leeds

 

 

Norish is pleased to announce that it has agreed to purchase the cold store at Leeds from Fullers Foods International plc. This site has been operated by Norish under a lease since February 2009.

 

The agreed price is £750,000 which has been partly funded by a 15 year term loan from HSBC for £500,000 at bank base rate plus a margin of 2.75%.

 

The store has an area of 34,600 sq ft which provides a current capacity of 3,100 frozen pallet spaces. It is situated in the Leeds Market area, with easy access to the M1, M62 and A1.

 

 

Enquiries:

Norish

Aidan Hughes, Finance Director

Telephone: + 44 1293 862 498

NCB

Liam Booth, Managing Director

Telephone: + 353 1 611 5611

 

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