LCP adds another shopping centre to its retail portfolio

LCP adds another shopping centre to its retail portfolio.

CPNE have been retained on the retail letting agency of the town centre scheme.  Retail units from 1,898 sq ft – to 16,252 Sq ft. The Pavilion Centre comprises 270,000 sq ft of retail accommodation and is anchored by a 100,000 sq ft ASDA at one end and a 17,500 sq ft Lidl at the other. It also includes the town’s refurbished town library and the leisure centre.

Julian Diamond, retail director at LCP, said: “We have set ourselves ambitious targets to acquire new retails sites and are pleased to have secured The Pavilion Centre in Thornaby. This thriving centre has a wide range of both nationally recognised high street names and local retailers, and we’re now examining the portfolio to see where we can add value, whether that’s attracting new tenants or instigating improvements.”

Occupiers at The Pavilion Centre include Wilko, Boyes, Home Bargains, Boots and Iceland, plus the Golden Eagle Hotel. It has about 700 car parking spaces and is located close to the A66 and A19 via Acklam Avenue.