Retail outlets open at LCP flagship estate
Three roadside retail units have been built at a busy industrial estate in KIngswinford – and the first one is already occupied.
Pizza takeaway Papa Johns is the first outlet to open at the Gatehouse Retail Development on The Pensnett Estate, the flagship estate owned and managed by commercial property and investment company London and Cambridge Properties.
The development, which is located on the main entrance to the estate on Dudley Road, is made up of three units, ranging in size from 900 sq ft to 1,190 sq ft. The central unit is under offer, while the remaining 1,190 sq ft is still available.
Andrew Barrett, LCP retail director, said: “The Pensnett Estate is our flagship estate and is one of the largest business parks in the UK with more than 3,500 employees at 160 businesses; although there are a handful of retail outlets nearby, we recognise that having shops on site will be hugely beneficial to people working here, as well as to passers-by and locals.
“We’re pleased to be welcoming Papa Johns to the scheme and we’re looking forward to announcing the other occupiers in the coming months.”
Anyone interested in occupying the third unit should contact the retail lettings co-ordinator at LCP on 01384 400123.
LCP is one of the UK's largest private owners and managers of retail, industrial and office property to let, managing a portfolio of more than 19 million square feet of commercial property across the UK. I
The Pensnett Estate at 185 acres is one of the largest secure industrial estates in Europe and home to almost 200 companies.
As the largest landlord of convenience parades and local shopping centres in the UK, LCP’s retail portfolio comprises more than 6.4 million sq ft and 380 sites.
