X marks the spot
Published: 16 August, 2016
LCP adds Govan Cross in Glasgow to its retail portfolio
London & Cambridge Properties (LCP) has added a popular neighbourhood shopping centre in Glasgow to its retail portfolio after it was appointed to manage the development. LCP has taken on 21 fully occupied retail units at the 65,295-sq.ft Govan Cross Shopping Centre, which was purchased for in excess of £5 million by a company LCP works closely with.
Govan Cross Shopping Centre is a popular neighborhood shopping centre located 3 miles west of Glasgow city centre. It is located at the heart of Govan and is adjacent to Govan Bus Station. Tenants include Home Bargains, Greggs, Peacocks, Iceland and Subway.
James Buchanan, investment director at LCP, said: “We are committed to growing our property portfolio and the Govan Cross acquisition provides us with yet another excellent opportunity for our proactive asset management team to use their expertise to add further value.”