LCP: Prime Point development in the Black Country is ready for occupation

London, 2017-Aug-28 — /EPR Retail News/ — The first unit at a multi-million pound speculative development in the Black Country has been completed three months ahead of schedule.

The 20,000 sq ft unit – Building A – at Prime Point, which is being developed by LCP, the leading national property, investment and management company, at its flagship Pensnett Estate industrial estate is ready for occupation.

The adjoining Building B, a 30,000 sq.ft unit, has also been built and left as a shell, for incoming tenants to work with LCP to arrange their exact office fit out requirements. Both units can be let in multiples of 10,000 sq.ft

Andrew Preston, industrial portfolio manager of LCP, said: “The contractors have been progressing very well indeed with the development of Prime Point and we are now three months ahead of schedule for the completion of the first unit.

“We’ve also been pleased by the response to the marketing of the site, the level of enquiries we’ve received since we launched the development has been extremely positive.”

When complete, the first phase of Prime Point will comprise a building of 20,000 sq ft and another of 30,000 sq ft, each of which can be split into 10,000 sq ft units to accommodate smaller businesses.

LCP’s appointed agents, Bulleys and Lambert Smith Hampton, have been working with the company to attract new businesses to the area and talks are progressing with a number of interested parties.

Really Useful Products, which manufactures storage boxes for business and home, has already signed a deal to move to a 31,000 sq ft bespoke building on part of Prime Point.

LCP is holding an open day at Prime Point on Wednesday, September 6, between 11 am and 2 pm, for businesses. Anyone interested in attending should email: kyates@lcpproperties.co.uk

The Pensnett Estate is one of the largest secure business estates in Europe, and home to 160 businesses in over 2.4 million sq ft of commercial property. Three years ago, LCP invested £1.5 million in Progress Point, a speculative development on the estate comprising 21,000 sq ft of high quality warehouse and industrial space.
The Black Country Local Enterprise Partnership (BCLEP) has been supporting LCP with this latest development.

Contact:
Andrew Preston
01384 400123
apreston@lcpproperties.co.uk

Matt Tilt
Lambert Smith Hampton
0121 237 2347

Noel Muscutt
Bulleys
01902 713333

Source: LCP

LCP: Prime Point development ahead of schedule with Buildings A & B being ready for occupation in August

London, 2017-Jun-28 — /EPR Retail News/ — The newest speculative development by leading investment and property management company LCP is progressing well, with Buildings A & B being ready for occupation in August – two months ahead of schedule.

Roofs and cladding are already completed on the first two buildings at Prime Point, a 130,000 sq ft development of four industrial and warehouse units on the Pensnett Estate, Kingswinford, LCP’s flagship industrial estate.

Preparation works to the floor and yard are also progressing, while concrete works have begun on building one, with building two scheduled to start concrete works at the beginning of next month.

Andrew Preston, industrial portfolio manager of LCP, said: “We are pleased with progress and the contractors are well ahead of schedule, which is good news. The first two buildings are looking great and we have already being showing potential occupiers around.

“We are offering units of between 10,000 and 40,000 sq ft, of which there is a particular shortage, and we are working with our appointed agents, Bulleys and Lambert Smith Hampton, to attract new businesses to the area.”

Really Useful Products, which manufactures storage boxes for business and home, has already signed a deal to move to a 31,000 sq ft unit on part of Prime Point.

The Pensnett Estate is one of the largest secure business estates in Europe, and home to 160 businesses in over 2.4 million sq ft of commercial property. Three years ago, LCP invested £1.5 million in Progress Point, a speculative development on the estate comprising 21,000 sq ft of high quality warehouse and industrial space.

The Black Country Local Enterprise Partnership (BCLEP) has been supporting LCP with this latest development.

Contact:
Andrew Preston
01384 400123
apreston@lcpproperties.co.uk 

Matt Tilt
Lambert Smith Hampton
0121 237 2347

Noel Muscutt
Bulleys
01902 713333

Source: LCP