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Pressure Technologies PLC - Sheffield, England-based engineering firm - Completes the sale and leaseback of its freehold property occupied by Roota Engineering Ltd in Rotherham, England. Sale proceeds total £1.7 million. Company holds a 15-year lease on the property with an initial annual rent of £90,000, with a tenant-only break option at the end of years five and ten. Property has a net book value of £750,000 as of March 31. Proceeds from the sale will be used to reduce its banking facilities, the company adds.
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