News
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Salford Scheme Bucks Trend of ‘Boarded up Britain’
A retail development in Salford is bucking the trend for vacant shops with three deals signed in recent months. According to recent figures released by the British Retail Consortium almost a third of shops are currently sitting empty caused by a number of factors including consumers preferring out of town retail parks, the ease of online shopping and high parking charges. The figures suggested the issue was particularly acute in [...]
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House Prices to Increase 30% by 2019
UK house prices could increase by an average of more than 30% in the next five years according to according to a study by property portal Rightmove – adding further pressure to first-time buyers. Perhaps unsurprisingly the report suggested the largest increases would be in the South East with an anticipated rise in values of 37.3% with Southampton, Luton and Brighton identified as the top three property hotspots. Values in [...]
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Plans to be Revealed for Ordsall Site
Proposals for a key site in Salford are anticipated to be revealed next month by LPC Living, the developer owned by the Pervaiz Naviede Family Trust. Ordsall’s District Centre sits at the heart of the 180-acre estate and for a time was a thriving retail and leisure centre when it was originally constructed in the 1960s boasting a shopping parade, convenience store, pub, library and other community facilities. However, in [...]
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Tory Plan for Affordable Homes Cautiously Welcomed by Pervaiz Naviede Family Trust’s Developer
A Conservative Party pledge to help 100,000 first-time buyers has been cautiously welcomed by LPC Living, the developer owned by the Pervaiz Naviede Family Trust. The initiative, to be implemented should the party be re-elected next year, would allow those looking to climb the first rung of the property ladder to buy a new home at just 80% of the market value. It is proposed this can be made possible [...]
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LPC Meet with Mr Smith Supporters
LPC Living has this week met with Warrington residents to discuss the future of the former Mr Smith’s nightclub in Warrington, Cheshire. It was announced last month that the building, owned by the Pervaiz Naviede Family Trust, was to be earmarked for demolition following limited commercial interest in letting the building. However, after being approached by a number of local residents LPC agreed to meet them in Warrington to discuss [...]
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Salford Revealed as UK’s Property Hotspot
To many people Salford once brought to mind red-bricked terrace houses. Lowry’s matchstick men paintings and industrial cotton mills. Yet in recent years the city has undergone a staggering transformation and as a result has this week been revealed as Britain’s fastest growing property hotspot. According to figures from property website Zoopla, reported in The Telegraph, house prices in Salford have grown by 12% in the first six months of [...]
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End of an Era for Cheshire Nightspot
Plans have been unveiled to demolish a Cheshire nightspot which kick-started an iconic late night music show. Mr Smith’s nightclub on Wilson Patten St in Warrington town centre was once one of the North West’s largest and most popular nightclubs and was immortalised on the first episode of ITV’s The Hit Man and Her show. The programme presented by music legend Pete Waterman and Michaela Strachan ran from 1988 – [...]
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Pervaiz Naviede Family Trust secures fourth Liverpool site for £4.2m
The Pervaiz Naviede Family Trust has added the stunning Crofton Hall in Aigburth to its residential property portfolio. The £4.2m acquisition comprises 26 properties set in a 2.5 acre estate, including the original mansion house with 11 apartments, and a further 15 houses within the elegant grounds. One of the houses is part refurbished and offers an immediate opportunity to increase the value of the estate. Currently 21 of the [...]
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Greenlight for Hackney Homes Welcomed by LPC Living
Plans to create thousands of new homes in the London Borough of Hackney have been welcomed by LPC Living who are currently on-site with a £20m mixed-use development. Mayor of London Boris Johnson has today approved plans to regenerate the Woodberry Downs housing estate in Hackney which would see more than 3,000 new homes being constructed as well as commercial floor space. More than 800 homes have already been built [...]
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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 [...]