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Investegate |Wynnstay Properties Announcements | Wynnstay Properties: Disposal


22 February 2021
Wynnstay is pleased to announce that it has today simultaneously exchanged contracts and completed the sale of Oakcroft Business Centre, Chessington, KT9 1RH ( the Property ) for a cash consideration of £3.225 million.  The purchaser is Campus Overseas Corp. (a company incorporated and registered in the British Virgin Islands)
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The Property comprises three modern light industrial units totalling approximately 15,248 square feet, one of the units being let to Thales Properties Limited until 24 June 2021 at a rent of £70,300 per annum and the other two units being sold with full vacant possession.
For the year ended 25 March 2020, the aggregate gross income received by Wynnstay from the Property was £150,500 and, as at 25 March 2020, the book value of the Property in Wynnstay s accounts was £2.12 million. The sale will thus result in a profit over book value to Wynnstay of £1.105 million, before sale costs and ta ....

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Investegate |Digitalbox PLC Announcements | Digitalbox PLC: Director appointment


 
Based in Bath, UK, Digitalbox is a pure-play digital media business with the aim of profitable publishing at scale on mobile platforms.
 
Digitalbox operates three trading brands, Entertainment Daily , The Tab and The Daily Mash . Entertainment Daily produces and publishes online UK entertainment news covering TV, showbiz and celebrity news. The Daily Mash produces and publishes satirical news content. The Tab is the UK s biggest youth culture site fuelled by students.
 
Digitalbox generates revenue from the sale of advertising in and around the content it publishes. The Group s optimisation for mobile enables it to achieve revenues per session significantly ahead of market norms for publishers on mobile. ....

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