News
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Trust Launches £100m Fund
The Pervaiz Naviede Family Trust has today announced the launch of a £100m fund to purchase premium real estate across the UK. Lots can range from £500,000 to upwards of £20m. In particular, the Trust is interested in prominently located retail centres and warehouses, opportunities to convert office space to residential use and industrial distribution hubs benefitting from excellent motorway access. Scott Neal, advisor to the Pervaiz Naviede Family Trust, [...]
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Trust Considers Midlands Residential Portfolio
Manchester-based agents Zameero Ltd, acting on behalf of the Pervaiz Naviede Family Trust, are considering making an offer for 72 apartments in six blocks located across the Midlands. The portfolio is being marketed by Savills and the asking price is £4,000,000. The estimated rental income is understood to be approximately £410,000 per annum.
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Bid made for Lancashire residential site
A new offer has been made by North West agents Zameero for a freehold residential investment in Crawshawbooth, a village north of Rawtenstall, Lancashire and 20 miles north of Manchester city centre. The property consists of a Grade-II listed chapel which has been converted to provide two apartments and three four-storey townhouses located close to the centre of the village. Zameero, acting on behalf of the Pervaiz Naviede Family Trust, made the revised offer [...]
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Trust purchases four Burnley apartments
Private investment agents Zameero ltd acting on behalf of the Pervaiz Naviede Family Trust have today acquired four apartments on Padiham Road, Burnley at the Eddisons Manchester Auction. The price paid was £125,000 (subject to contract). The properties require some refurbishment and the estimated rental income is understood to be in the region of £17,000 per annum.
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Trust eyes up Colchester Waterstones
Invesments Agents Zameero acting on behalf of the Pervaiz Naviede Family Trust, visited the town of Colchester today to consider buying a retail investment let to Waterstones on the High Street. The property is let on a 5 year lease producing £65,000 per annum and is offered for sale in the Acuitus May auction. The current asking price is £725,000 subject to contract.
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PNFT makes bid for landmark Swansea retail unit
Today investments agent Zameero, acting on behalf of the Pervaiz Naviede Family Trust, submitted an offer of £3,500,000(subject to contract) on a retail investment let to Marks & Spencer on the prime street Swansea City Centre. The property located at 273/276 Oxford Street provides over 12,000 sq ft of retail accommodation and is held leasehold to Swansea City Council. The occupational lease has 30 years remaining. The selling agent is Whitmarsh Holt Young.
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Trust looks to expand portfolio in Burnley
Agents Zameero met with Pervaiz Naviede Family Trust today to discuss two residential investment opportunities in the Burnley area. It is understood the properties may be able to be acquired for a 30% discount to current market value offering excellent value. Presently, all of the properties are vacant and having met letting specialists’ Belvoir their opinion was they would let almost immediately. The location of the two sites was not disclosed.