LCP: O’Kane Irish Foods signs 10-year lease at Phoenix Trading Estate, Perivale, Ealing

LCP: O’Kane Irish Foods signs 10-year lease at Phoenix Trading Estate, Perivale, Ealing

West Midlands, England, 2018-Jan-12 — /EPR Retail News/ — The largest dedicated importer of Irish foods into the UK has moved to a new facility in London to help it grow its online business.

O’Kane Irish Foods has signed a 10-year lease for unit 2, Phoenix Trading Estate, Perivale, Ealing, after agreeing terms with LCP, which owns and manages the estate.

The move follows a three-year search for suitable premises that could house the company’s online division, YourIrishshop.com.

Eddie O’Kane, who founded Wembley-headquartered O’Kane Irish Foods in 2003, said the 8,101 sq ft unit at Ealing was ideal to house its online division. The unit will also have an in-house photographic studio and a training facility for the other businesses within the group.

“I have been looking around for a suitable facility for about three years now and whilst a few came up I didn’t feel that the landlords were quite right for me,” he said.

“With LCP I’ve found the partner that will allow the business to grow over the next 10 years. That was evident in the flexibility shown from early in the negotiations. I got the impression right from the start that they also believe in long-term progressive relationships rather than the bog standard tenant/landlord relationship.

“Of course, it helps that the location is absolutely ideal for us and the enclosed estate provides peace of mind in terms of security.”

Julian Diamond, LCP retail director, said: “We pride ourselves on working very closely with clients to ensure they find the right premises for their business and I’m very pleased to have secured the lease for O’Kane Irish Foods at Phoenix Trading Estate. We wish the company every success as it sets its sights on further growth over the next few years.”

YourIrishshop.com was launched in 2006 and is a fully-owned subsidiary of O’Kane Irish Foods, which supplies Tesco, Sainsbury’s, Morrisons and ASDA.

SOURCE: LCP Management Ltd

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LCP appoints Julian Diamond as new retail director

LCP appoints Julian Diamond as new retail director

 

London, 2017-Aug-31 — /EPR Retail News/ — LCP, the leading investment and property management company, has announced the appointment of a new retail director.

Julian Diamond joined LCP in 2004 as an asset manager at the company’s Millbank office in London, where he had responsibility for a mixed portfolio of retail, office and industrial premises in the South East of England and in Scotland.

With a promotion to LCP’s senior management team, Julian will play a central role in ensuring sustainability and income generation for the properties within LCP’s growing retail property portfolio, and will also manage and develop relationships with retailers.

He said: “I’m excited by the challenges of being a director at LCP, which continues to demonstrate its commitment to investing in its property portfolio and actively managing its assets.

“I’m looking forward to playing a significant role in the company’s continued expansion and working closely with our partners. Since the beginning of 2017, we have focused particularly on Scotland and have opened our first management office in Glasgow with great success. That office is about to expand further both in size and personnel.”

Nick Burgess, managing director of LCP, said: “Over the past 13 years, Julian has been an exemplary asset manager at LCP and his appointment to director is in recognition of his commitment and achievements over that time.”

Contact:

Julian Diamond
jdiamond@lcpproperties.co.uk  
020 7233 5255

Source: LCP

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LCP: Penicuik Shopping Centre in Scotland welcomes two new tenants Dominos and Vaporized

London, 2017-Aug-22 — /EPR Retail News/ — The historic town centre of Penicuik, Midlothian, is to welcome two new tenants following a successful marketing campaign to attract new retailers.

LCP, which manages Penicuik Shopping Centre on behalf of Evolve Estates, has signed up Kingstan Holdings, trading as Vaporized, for unit 5a on a five-year lease, while takeaway pizza and delivery company Dominos has taken a 20-year lease of unit 9.

Julian Diamond, asset manager at LCP, said: “It’s great news that we continue to attract both local, independent retailers and well-known high street names to Penicuik.

“Since the landlord acquired the centre in February last year, our proactive asset management team has been actively managing the scheme, looking at ways of improving the tenant offer and exploring other options to ensure that it remains an attractive prospect to both tenants and the local community.”

Richard Ford, of Reith Lambert, which acted on behalf of LCP, said: “Although the retail market nationally continues to face challenges, demand for Penicuik remains strong. We are delighted to secure both Domino’s and Vaporized and feel confident that their respective offers will appeal to our core customer and further increase footfall within the scheme.”

Penicuik Shopping Centre has just two units available offering space from 842 – 1,411 sq ft. To enquire, contact: Richard Ford at Reith Lambert on 0141 225 571 or email richard@reithlambert.co.uk

Penicuik Shopping Centre is located in Penicuik, about 10 miles south of Edinburgh. The development totals 53,237 sq ft and there are 18 units. Tenants include Greggs, Lloyds, B&M Home and Farmfoods.

Contact:

kyates@lcpproperties.co.uk

Source: LCP

LCP to open new office in Glasgow; its first office in Scotland

London, 2017-Apr-26 — /EPR Retail News/ — Commercial property investment company LCP is to open its first office in Scotland after expanding its portfolio north of the border, it has announced.

The company, which is one of the UK’s largest private owners of retail, industrial and office property, is setting up a new office at 6 Harmony Row, Glasgow, from where it will manage its Scottish retail and industrial estates.

Julian Diamond, LCP asset manager, said it was a natural step to open an office in Scotland as the company had significantly increased its presence there over the past two years.

Prior to this, LCP’s London team had managed its Scottish portfolio.

“This is an exciting venture for LCP,” he said. “As our Scottish portfolio has increased significantly over the past few years to 25 holdings, with a further four investments currently under offer, we’ve decided to grow our team and it makes perfect sense to open an office from where we can continue our hands-on approach and pro-actively manage the portfolio.

“Our teams across the UK are actively looking for new sites where we can add value with excellent potential to improve yields, enabling us to achieve our investment goals. We continue to seek further commercial property investment opportunities across Scotland and look forward to growing the team accordingly.”

LCP group committed £98 million to investing in its commercial property portfolio 2016 and is aiming to invest a further £200 million this year in both retail and industrial properties.

Last year, the company invested in 41 sites across the UK, totalling 875,000 sq ft, the largest of which was the £23.34 million Blossom portfolio, comprising 216,000 sq ft spread across 14 sites.

Sites within the Scottish portfolio include Knightwood and Govan Cross Shopping Centres in Glasgow, Airdrie Retail Park in Airdie, and Forbes Court on the Middlefield Industrial Estate in Falkirk.

Contact:

Tel: 01384 400123
Fax: 01384 400862

Source: LCP