LCP Group is on track to complete a £1 million-plus refurbishment project at its flagship estate in Kingswinford.

The national commercial property and investment company’s Multipark Pensnett – formerly known as The Pensnett Industrial Estate – has already refurbished four buildings, totalling 68,000 sq ft, at a cost of £750,000.

It is now on course to complete revamps on a further four units, totalling 20,600 sq ft, at a cost of £110,000.

This follows its £560,000 investment last year for the improvement of 92,500 sq ft of units on the estate.

David Charlton, industrial director, asset management at LCP Group – part of M Core, said: “Multipark Pensnett is one of the largest secure industrial estates in Europe and we’re proud that it is home to international brands, as well as nationally known companies and smaller, local independents that are building their businesses.

“This programme of building upgrades is one of the biggest we’ve undertaken in years and it means these available units are ready for occupation and can meet the demands of a 21st century operator.

“We’re already getting a stream of enquiries and hope we can announce new tenants on Multipark Pensnett in the coming weeks.”

More than 200 companies are based at the 185-acre site.

The latest unit to be completed is Building 29 on First Avenue. A substantial refurbishment has seen the 1970s-constructed building refurbished and modernised internally and externally to include new double-glazed windows, LED lighting, improved insulation and new external cladding.

It comprises a 24,246 square foot warehouse with 5.77-metre eaves and 2,536 square foot of offices over two floors and its EPC rating has improved from G 155 to a B 46 which aids in future proofing the building. It also has a yard and parking, plus a cycle rack and two electric vehicle (EV) chargers.