LCP ACQUIRES WISHAW RETAIL UNITS27/02/2019
Commercial property and investment company LCP has added a new retail development to its growing portfolio in Scotland.
As part of the company’s commitment to investing in the retail sector, it has acquired four prime units in Main Street, Wishaw, for £1.66m / an undisclosed sum on behalf of sister company Sheet Anchor Investments 2 Ltd.
LCP will manage the portfolio, which comprises prominent retail premises totalling 26,000 sq ft, with occupiers including Peacocks, Poundland and Card Factory.
Roddy Proudfoot, LCP asset manager, said: “We’ve been focusing on growing our retail and industrial portfolio in Scotland for almost two years and have successfully acquired more than £35 million of assets in that time.
“By employing an intensive asset management programme, we ensure that a sustained programme of improvements is delivered within our portfolio. We work alongside our local tenants to make the centres more attractive, which is beneficial for the community and adds value to our properties.”
For more information about the opportunities available at Wishaw, visit www.lcpproperties.co.uk or contact Roddy Proudfoot on 0141 465 3393.