LCP acquires major Southport retail park 

Anchored by an ASDA superstore, the center comprises 15,000 sq m of open convenience retail, with retailers including The Range, Poundland, Boots and Next.

The 13-unit shopping park, located on Derby Road, close to Southport Railway Station, also has a car park for 600 vehicles.  

B&M, the discount retailer, is set to be the first national brand to join the retail park just weeks after LCP acquired it. Signing a five-year lease for units 1 and 2, the 2165 sq m store is expected to open later this summer. Fit out is already under way.

“We have invested more than 115 million Pounds in retail assets this year, demonstrating our determination and commitment to investing in the UK retail sector. Acquisitions such as this form an important part of our program of investment as we seek to consolidate our portfolio and add value to it”, says James Buchanan, Group Managing Director at LCP.

“Central 12 is a busy retail park with a range of national brands and independent retailers, which has a real community feel to it. We’re renowned for our intensive asset management and the team is already on the ground, making several improvements, including updating the public realm”, adds Barry Flint, LCP Director and Asset Manager for the site.

“We’re speaking to new national retailers and local management about how we can continue to improve the shopping experience for visitors, and are committed to working with the local community to ensure that the park is a positive asset for the area. We hope to announce new retailers very soon.”