Norcros agrees £6.5m property sell-off

BATHROOM accessories and tile manufacturer Norcros is to sell off part of its property portfolio in a deal worth £6.5m.

Wilmslow-based Norcros, which owns the Triton showers and Johnson Tiles brands, said it had struck an agreement with Clowes Developments (UK) of Ashbourne, Derbyshire, that would see it acquire its entire portfolio of surplus legacy freehold properties.

Contracts have been exchanged and a 10% non-refundable deposit paid. Completion will be on March 2 at which time the remaining balance will ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...