Trust Announces Deals worth £2.35m

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  • Eastgate, Chester

    Trust Announces Deals worth £2.35m

    The Pervaiz Naviede Family Trust has today announced two commercial deals in the north west worth worth in excess of £2.35m. The first is a Grade-II listed property at 27 Eastgate Street, Chester (pictured) which sits on the city’s principle shopping street, close to the iconic Eastgate clock. The building, which was purchased for £2m, contains four floors of accommodation. The first two floors comprise 3,900 sq ft of retail [...]

  • Pack & Send sign up to Radclyffe Park

    Radclyffe Park bucks regional trend with new commercial lettings

    LPC Living’s Radclyffe Park development in Salford is going against the North West trend for increasing shop vacancy rates after welcoming three new tenants to the mixed-use development at Trafford Road. Developer LPC Living, owned by the Pervaiz Naviede Family Trust, has recently signed up: – International courier and delivery service provider, Pack & Send Takeaway restaurant Food Station and A hair and beauty salon at the scheme in Ordsall. [...]

  • Ilford Way Mobberley

    Revised Masterplan Submitted for Mobberley Site

    A revised masterplan for the iconic Harman Technology site in Mobberley, Cheshire has today been submitted by LPC Living. The new proposals include more than 15,000 sq ft of two storey offices with approximately 34 parking spaces which would be delivered subject to further viability and market testing. The proposed introduction of new office space would reduce the number of homes proposed on the site from 375 to 360. In [...]

  • 54-56 Fargate

    Trust Acquires Sheffield Commercial Site for £1.6m

    Fargate Properties Limited, a subsidiary of the Pervaiz Naviede Family Trust (PNFT), has completed the purchase of 54-56 Fargate in Sheffield for £1.6m. The 6,096 sq ft retail and office building is located in the heart of the central shopping area of the city at Fargate, adjacent to the entrance of Orchard Square Shopping Centre. O2 (Telefónica UK Ltd) is the current ground floor unit tenant, with additional office space [...]

  • Barbers Sign at Radclyffe Park

    Barbers Sign up at Radclyffe Park

    A gentleman’s barbers is anticipated to open at LPC Living’s Radclyffe Park development this autumn with terms agreed earlier this week. The 350 sq ft unit, located off Trafford Road, Salford forms part of the £50m mixed-use scheme anchored by Morrisons, Travelodge and an NHS Health Centre with a number of smaller units constructed alongside. LPC Living, which is owned by the Pervaiz Naviede Family Trust, has let a number [...]

  • Sheffield Tram Bridge and lines by night

    A Sheffield Steal?

    Manchester-based agents Zameero Ltd, acting on behalf of the Pervaiz Naviede Family Trust have this week submitted an offer on a prime freehold retail and office investment in Sheffield. The site, at 54-56 Fargate, is located approximately 500 metres north west of Sheffield railway station and Sheffield Hallam University’s city campus. The investment comprises a retail unit let to O2 which provides 78% of the income let until 2015 and associated office space let on various terms [...]

  • Mobberley CGI

    £100m Investment Planned for Iconic Mobberley Site

    Proposals for new homes in Mobberley will be unveiled next month as part of a £100m redevelopment of the historic ILFORD photo site. Developer LPC Living, which is owned by the Pervaiz Naviede Family Trust, has been working with HARMAN technology, the world’s leading producer of black and white photographic products, to create a new HQ for the company on part of the 39-acre site. In addition, the plans include [...]

  • Sale of Burnley site completes

    Private investment agents Zameero, acting on behalf of the PNFT, have today completed the purchase of four flats on Padiham Road in Burnley. The flats were offered for sale in the Eddisons Manchester Auction.

  • Offer made on Sheffield Retail Unit

    Manchester-based agents Zameero Ltd, acting on behalf of the Pervaiz Naviede Family Trust, have made an offer on a prime freehold retail and office investment being sold by Knight Frank on behalf of PRUPIM. The investment at 54-56 Fargate, Sheffield, comprises a retail unit let to O2 which provides 78% of the income let until 2015 and the offices let on various terms. The current passing rental income is £203,963 per annum and the agents were seeking offers in [...]

  • PNFT bids for Chiswick retail units

    Manchester-based agents Zameero Ltd, acting on behalf of the Pervaiz Naviede Family Trust, have made an offer on a freehold mixed use investment being sold by GVA on behalf of the Administrators. The property on Chiswick High Road in Chiswick comprises two retail units let to Evans Cycles UK Ltd and Labrokes plc, subject to two leases producing £85,160 per annum.  The investment also includes grounds from 43 flats which produce £11,450 per annum.

© Pervaiz Naviede Family Trust & LPC1 Ltd. 2014. All rights reserved.

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