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CLS completes sale of Benwell House

21 September 2017 08:18

CLS Holdings has completed the sale of Benwell House, Green Street, Sunbury-on-Thames to Spelthorne Borough Council for £9.25m.

The property comprises 25,587 sq ft (2,377 sq m) and was let in its entirety to Schindler until March 2017.

Following the expiry of the lease, a strategic assessment of the building identified it as having potential for alternative uses in addition to its existing office use.

It was acquired by CLS in 2013 and was valued at £7.5m at the end of June.

At 8:18am: (LON:CLI) CLS Holdings PLC share price was +0.25p at 204.25p

Story provided by StockMarketWire.com

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