Roebuck Food Group plc ("Roebuck" or "the Company")
Sale and Leaseback
Roebuck Food Group plc is pleased to announce that its wholly owned subsidiary Moorhead & McGavin Limited has successfully completed the Sale and Leaseback of its Freehold property in Motherwell for £900,000 (net £850,000), after costs to an Independent Scottish Property Investment Company on the 3 September 2026.
The Lease is for 10 years with a break in year 5. The agreed annual rent is £90,000 per annum for the first 5 years, and the Lease is Guaranteed by Roebuck Food Group Plc.
Roebuck Food Group Plc were advised on the transaction by Property experts Burnett Real Estate and the legals were handled by Brodies LLP.
Ends
Enquiries:
Roebuck Food Group plc | |
Aidan Hughes, Finance Director | Telephone: + 44 28 3025 7760 |
Davy (Nomad) | |
Anthony Farrell | Telephone: + 353 1 679 6363 |
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