31st Oct 2006 09:36
McKay Securities PLC31 October 2006 McKAY SECURITIES PLC PRESS RELEASE Further Acquisition in Staines McKay Securities PLC has exchanged unconditional contracts to purchase thefreehold of Captain's House (3,636 sq ft) and Waterman's House (7,311 sq ft),for £5.25 million in an off market transaction with a private vendor. The two office buildings overlook the River Thames and were constructed around asmall marina basin in the early 1990's. They are let to Rayovac Europe Ltd onleases expiring in February 2015, at an annual rent of £301,670 pa, andcompliment the Group's adjoining ownership at Lotus Park, the 77,000 sq ftoffice scheme acquired by McKay in 2005 where two buildings are now undergoingextensive refurbishment. Lewis & Tucker represented McKay Securities PLC. Contacts McKay Securities PLC - 0118 950 2333 Simon Perkins, Managing Director 31st October 2006 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
MCKS.L