LCP acquires Crown Walk, Bicester
LCP has reaffirmed its commitment to the retail sector adding Crown Walk in Bicester, Oxfordshire to its expanding retail portfolio. The 48,820-sq ft open-air centre comprises 25 units, anchored by WH Smith.
Crown Walk was constructed in 1988, with the eastern entrance fronting the pedestrianised Sheep Street and the southern entrance fronting Bicester’s Market Square. The scheme also has an entrance through to Pioneer Square. Recent lettings have been agreed with Warrens Bakery, while Coles Bookstore relocated to larger premises within the scheme. Other key tenants include: Vodafone, H Samuel, Boots Opticians, Thomas Cook, Peacocks and Thomson.
Julian Diamond, retail director at LCP, said: “In the past 12 months, we have acquired 37 retail schemes – from small local convenience parades to larger shopping centres – as part of our long-term strategic plan to invest in this sector. Crown Walk marks a major investment and we are looking forward to working with tenants and attracting new names to the centre.”
