LCP: shopping parade in Alvaston, Derbyshire now fully let with new tenant Lucy Nails moving in

London, 2017-Nov-22 — /EPR Retail News/ — A well-manicured local shopping parade in Alvaston, Derbyshire, is fully let for the first time in its history – demonstrating that confidence in the retail market is increasingly buoyant.

The parade of eight shops on London Road, which is anchored by a Co-op supermarket, has signed up Lucy Nails, a local independent business, on a 10-year lease for a 660 sq ft retail unit.

The letting follows a run of new tenants moving to the parade in the past 18 months, including Card Factory, Wokaholic and Mrs B’s Café.

Steve Pell, retail asset manager for LCP, said the prominent location and vibrant community had helped to attract new tenants.

“It’s great news for the local community that this parade is now fully let because it demonstrates that there is a renewed appetite for entrepreneurs to take the plunge and open their own business,” he said.

“As a company we’ve focused on acquiring local convenience parades and investing in them and this approach is enriching local areas across the country because they are benefitting from better facilities on their doorsteps.”

Darran Severn, of FHP Property Consultants, which was appointed to market the parade on behalf of LCP, said: “We have seen a great turnaround in Alvaston. Going back 12 months there were three vacancies with the possibility of another on the horizon. The parade now comprises a good mixture of national and local businesses.”

Source: LCP

Steve Pell appointed new asset manager to boost London & Cambridge Properties’ retail team

Steve Pell appointed new asset manager to boost London & Cambridge Properties' retail team a
Steve Pell appointed new asset manager to boost London & Cambridge Properties’ retail team a


London, 2016-Aug-28 — /EPR Retail News/ — London & Cambridge Properties (LCP), the leading West Midlands-based investment and property management company, has appointed a new asset manager to boost its retail team.

Steve Pell returns to the Midlands after a year working in London as associate director at Colliers International’s West London office. He has 17 years’ experience in the commercial property sector, having worked for a number of agencies, including Harris Lamb.

Steve will be working predominantly with LCP’s retail asset management team, covering the Midlands and the North West of England.

“I’m looking forward to working for a well-respected, ambitious company that has exciting expansion plans. I hope my agency experience will add value to an already highly skilled team of asset managers,” he said.

The 43-year-old is married with two children and recently obtained a black belt in Tae-Kwon-Do.

Welcoming Steve to LCP’s head office, on the Pensnett Estate, Kingswinford, Jo Salmon, retail portfolio manager, said: “As we continue our ambitious investment and acquisition programme across our industrial and retail portfolios, we were looking for someone with solid knowledge who could hit the ground running.

Steve has an impressive record and we are confident that his experience will be a real benefit to the team.”

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Source: London and Cambridge Properties