LCP: Home Bargains opens a newer, bigger store at Central Square in Maghull

LCP: Home Bargains opens a newer, bigger store at Central Square in Maghull

 

London, 2017-Sep-20 — /EPR Retail News/ — The Mayor of Maghull, Councillor June Burns, has officially opened the newer, bigger Home Bargains store in the town’s Central Square.

The leading nationwide discount store has almost doubled its space, opening a 10,000 sq ft unit and agreeing a new 15-year lease.

Matt Pegg, asset manager for national commercial property and investment company LCP, which manages the shopping centre on behalf of owner Grainrent, said: “We’re very pleased to have a strong anchor tenant as Home Bargains taking extra space and committing to staying at Central Square.

“As part of our programme of investment, we’ve earmarked about £1 million on improvements at Maghull, which includes creating 15 new retail units and reconfiguring some of the existing space to improve the retail offer for local people.”

LCP is also planning to improve landscaping works and the public space, along with works to increase car parking spaces from 75 to 97 and improve traffic circulation.

The previous unit occupied by Home Bargains previous is now being refurbished by Anytime Fitness, which plans to open a gym by the end of 2017.

Joe Morris, operations director at Home Bargains, said: “The store opening was a great success and we’d like to thank the residents of Maghull for their warm welcome. We’re thrilled by the response we’ve already seen from shoppers and are looking forward to seeing even more new customers come through the doors. We’d also like to thank all staff members for ensuring the launch day ran as smoothly as possible.”

The new store offers a range of products, including homewares, health and beauty essentials, sweets, snacks and drinks, as well as fresh and frozen food.

Central Square, Maghull, is a 58,000 sq ft retail development in Maghull town centre, just eight miles outside Liverpool. It comprises 40 units and occupiers include Costa Coffee, Boots, Thomson, Superdrug, 02, Thomas Cook, HSBC, B&M Bargains, and Dominos.

Source: LCP

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LCP: discount retailer Poundland completes major refit of its Moor Centre store at Brierley Hill

LCP: discount retailer Poundland completes major refit of its Moor Centre store at Brierley Hill

 

London, 2017-Aug-01 — /EPR Retail News/ — Leading discount retailer Poundland has committed to Brierley Hill after refurbishing its store at the Moor Centre.

The high street retailer has undertaken a major refit at the 7,978 sq ft store, said Matt Pegg, asset manager for LCP, the leading national property, investment and management company that manages the Moor Centre.

“We are pleased Poundland has recognised the benefit of being in the centre and reinvested in their store which is well used by the local community,” he said.

“Since purchasing the centre two years ago we’ve been working hard to cement the scheme’s importance in Brierley Hill centre for larger retailers.  With free parking and easy access to the High Street, Poundland will further bolster the Moor Centre’s appeal and significance in this town”.

A spokesman for Poundland said: “We are delighted with our Moor Centre store at Brierley Hill and think it is currently the perfect size and shape for its function.”

The Moor Centre comprises over 12 stores, including leading high street names such as Boots, Iceland and Card Factory.  LCP are in discussions with other occupiers to take the remaining available units.

Contact:

kyates@lcpproperties.co.uk

Source: LCP

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LCP converts Miller House into an office-to-residential property; its first PDR scheme completed in the north-west of England

LCP converts Miller House into an office-to-residential property; its first PDR scheme completed in the north-west of England

London, 2017-Jun-24 — /EPR Retail News/ — Leading property investment group LCP has completed its first office-to-residential conversion in the north-west of England.

LCP has created Miller House, a development of two one-bedroom apartments and four two-bedroom apartments on the first floor of a shopping parade in Church Road, Bebington.

The residential scheme is the first that LCP has completed in the north-west under permitted development rights. An offer has already been put in for one apartment while viewings are also underway for the other five.

Matt Pegg, LCP asset manager, said the contemporary-styled homes have a number of high-quality features, including entry phone/video link, high-specification bathroom and fully fitted kitchens plus oak-veneer and carpet flooring.

As part of the conversion plans, it also installed new windows and created foyer access for the private residential scheme.

“The offices were empty for a number of years and there was no interest in take-up,” she said. “Thanks to permitted development rights, we were in a position to convert the space into good quality homes without having to apply for planning permission.

“It was the ideal opportunity to put back into use space that has lain empty for a long time and now that the work is completed, we anticipate quick sales to private buyers.”

Joe Pollard, of Jones and Chapman, which is marketing the apartments, said: “The properties are a testament to the carefully considered planning that took place prior to putting these properties on the market. The apartments have fantastic specification and healthy, naturally light spaces, and are suitable for every demographic – homeowners and investors alike.”

Situated above four shops, including a Co-op Food store and Barnardo’s, the Miller House apartments are now on sale and are priced £115,000 to £125,000. They are being marketed by Jones and Chapman.  More information available at Rightmove.

SOURCE: LCP

For details, contact:

Joe Pollard
0151 644 8666
joe.pollard@jonesandchapman.co.uk.

 

 

 

 

 

 

 

London & Cambridge Properties gives Sutton Farm Retail Parade a £150,000 update

London & Cambridge Properties gives Sutton Farm Retail Parade a £150,000 update
London & Cambridge Properties gives Sutton Farm Retail Parade a £150,000 update

 

West Midlands, England, 2016-Nov-03 — /EPR Retail News/ — A £150,000 improvement programme at a small retail parade in Shrewsbury, Shropshire, has been completed.

Sutton Farm Retail Parade, in Tilstock Crescent, has benefitted from increased car parking to the front of the parade, new signage and upgraded landscaping. The parade which is managed by West Midlands-based London & Cambridge Properties (LCP), comprises 12 retail units with residential flats above.

Matt Pegg, asset manager for LCP, said: “We pride ourselves on our proactive property management approach.

“For a parade of this size, it is a significant investment and now that the work is completed, it is easy to see what a positive impact the changes have made. Not only does the parade look more inviting for shoppers, there is greater main road prominence benefiting retailers, too.”

There are just two units left, each about 750 sq ft, and LCP is keen to talk to potential occupiers, especially coffee shop operators due to demand from local residents.

Tenants at the 13,816 sq ft retail parade include The Co-operative, Barnardo’s and Shrewsbury Fish Bar.

Media Enquiries:

If you have any media enquiries please email kyates@lcpproperties.co.uk

Source: London and Cambridge Properties

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