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Character to sell UK overspill warehousing facility in Lancashire for £3.5m

StockMarketWire.com

Toys, games, and giftware maker Character said contracts had been exchanged for the sale of its UK overspill warehousing facility at Vernon Works, Oldham in Lancashire for £3.5 million in cash

Completion of the sale was scheduled to take place on 29 January 2021.

The freehold to the facility was acquired by the group in July 2011 for a total cost of £1.78 million and had a net book value at 31 August 2020 of about £1.44 million.



At 9:38am: (LON:CCT) Character Group The PLC share price was 0p at 375p


Story provided by StockMarketWire.com