CLI Cls Holdings Plc

RNS No 9191h
CLS HOLDINGS PLC
20th August 1997


CLS Holdings Announce Change of Use in WC2

CLS Holdings is pleased to announce that it has obtained planning consent to
convert and extend its property at 44-50 New Oxford Street into ten flats.

The premises on the first, second and third floors were previously utilised as
offices.  One of CLS's subsidiaries is now proceeding to convert the
accommodation, adding an addtional floor, to create ten flats.  These will be a
mixture of one, two and three bedroom units.  The ground floor of the property
will remain as four retail units.

CLS estimates the construction cost to be in the region of #750,000 and that the
total sales proceeds will be approximately #1.9m.

Completion of the flats is expected in the Spring of 1998.

Contact:

Glyn Hirsch, Chief Executive, CLS Holdings plc
0171 582 7766

Brian Basham/Clare Abbot, Basham and Coyle
0171 253 3300

END

Cls (LSE:CLI)
Historical Stock Chart
From Jun 2024 to Jul 2024

Cls (LSE:CLI)
Historical Stock Chart
From Jul 2023 to Jul 2024