Ace Liberty & Stone - Property Transactions London Stock Exchange
RNS Number : 7476D
Ace Liberty & Stone PLC
02 May 2017




2 May 2017


Ace Liberty and Stone Plc


(''Ace'' or "the Company'')


Property Transactions


Ace Liberty and Stone Plc (NEX: ALSP), the active property investment company, capitalising on commercial property investment opportunities across the UK, is pleased to announce that the Company has completed the purchase of Grosvenor Casino, 35a - 39a George Street, Manchester for £4,000,000. The property is let to Grosvenor Casinos Limited, a subsidiary of the Rank Organisation, at an annual rental of £300,000.


The Company has also purchased the entire share capital of Lantana Properties Limited, a company registered in the British Virgin Islands and a single purpose vehicle which is the owner of Willow House, 23 Grosvenor Road, Aldershot for £1,050,000.


These purchases continue Ace's policy of expansion of the portfolio by purchase of quality commercial properties.




- Ends -


 For further information, please contact:

Ivan Minter

Tel: +44 (0)  20 7201 8340

Ace Liberty & Stone Plc

Jon Isaacs / Nick Michaels

Tel: +44 (0) 20 7251 3762

Alfred Henry Corporate Finance Ltd, NEX Corporate Adviser


Claire Noyce 

Tel: +44 (0)203 764 2341

Corporate Broker



For more information on the Company please visit



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