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Discover Leisure sells properties

2nd December 2009

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CARAVAN retailer Discover Leisure has sold a number of properties, the proceeds of which the Yorkshire company will use to pay off a £5m loan.

Trading from the properties ceased earlier this year following the implementation of a Company Voluntary Arrangement, a move aimed at helping the business move forward following a slump in trade and restructuring.

A caravan centre at Orpington in Kent has been sold to three businessmen for £1.34m.

In Portsmouth, a contract for the sale for land and building......for the full story register now for free or login below...


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