22nd February 2017
New arrivals at Torquay’s Livermead Neighbourhood Centre
Alder King, acting on behalf of LCP Properties, has negotiated two retail lettings at the Livermead neighbourhood centre in Torquay, resulting in the opening of a new Co-op and Barnardos store.
The eight-unit parade, which is managed by LCP, is located in the popular and affluent residential area of Livermead. It has recently undergone significant investment and development and is now almost fully occupied.
Lee Southan in Alder King’s Exeter office said: “LCP’s recent investment in this highly visible retail scheme has created 4,000 sq ft of new premises for Co-op and combined two units to provide the perfect 1,200 sq ft pitch for Barnardo’s.
“Unit 30 is under offer to a long-established local food operator which plans to open later this year with an exciting new concept which will help drive additional footfall to the parade.”
The scheme now has just two units remaining which provide retail sales area with ancillary accommodation. Available as a single or double unit providing 600 – 1,200 sq ft (55.74 – 111.48 sq m), the units are suitable for retail or alternative uses such as financial or professional services, café or a takeaway, subject to planning permission.
The Co-op has taken Units 18 and 20 on a new 15 year lease. Barnardos has taken Units 22 and 24 on a new 10 year lease.
Click here for more information about the available two units