The Group is continually seeking high yielding investment property acquisitions in the UK, Poland and Germany to add to the portfolio.
The portfolio is managed by an in-house team of experienced Asset Managers based in London and at the Head Office in Kingswinford, West Midlands.
2012 saw a turnover of £87.2 million with profits of £41.3 million before tax with occupancy levels averaging 90% during the year. Income by sector is 49.8% retail, 45.4% industrial and 4.8% offices.
LCP continues to invest in its portfolio ensuring retail, office and industrial space is meeting the needs of tenants.
Industrial & warehouse properties within the portfolio total in excess of 11 million square feet.
A high proportion of industrial property is located in the West Midlands including the flagship 2.3 million sq.ft Pensnett Estate in Kingswinford, which is one of the largest secure industrial estates in Europe. Properties are located throughout the UK in key locations such as Liverpool, Bristol, Sheffield, Derby and Milton Keynes.
A policy of offering good quality, refurbished industrial properties to rent has continued to pay dividends. Recent deals have included the letting of 72,124 sq.ft to Boss Design Ltd on The Pensnett Estate, Kingswinford and the speculatively built 35,676 sq.ft Paget 12 at Burntwood Business Park to Partridge Transport Services.
A further £1.35 million has been earmarked this year for industrial refurbishments in the West Midlands.
Leisure development is an increasingly important and active sector, particularly in town centres. The Arcadian in the centre of Birmingham's theatre land comprises a mix of clubs, pubs, retail shops, restaurants and an Ibis Hotel.
Recently completed is a £1 million plus investment to reconfigure retail space in the lower mall area of the Wellington Centre, Aldershot for a new 14,000 sq.ft store for the national supermarket chain Lidl.
LCP have a wide range of office accommodation available from small serviced offices on flexible terms to high specification complexes many with additional benefits such as conference rooms and secretarial services.
The Pensnett Estate near Dudley, West Midlands offers small serviced office suites to rent with meeting room facilities to larger individual office properties.
Aldershot Business Centre in the centre of Aldershot on the 5th and 6th floors of Victoria House offers refurbished office suites to rent with communal facilities.
Kent House Business Centre is located in the centre of Maidstone and offers quality office accommodation to let with comprehensive secretarial support and communal facilities.
Alperton House, Wembley provides fully refurbished offices to rent with an impressive ground floor reception area for greeting visitors.
Enterprise House on the Enterprise City Industrial Estate near Spennymoor, Durham has a range of office suites available to let.