News
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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 [...]
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Trust Bids for West End Car Park
Manchester-based agents Zameero Ltd, acting on behalf of the Pervaiz Naviede Family Trust, have submitted an offer for a car park investment in London’s West End. The site, which is being sold by Savills, has previously been on the market, however the current asking terms are £3,500,000 which equates to £46,000 per car parking space. Recent re-sales of some of the spaces have achieved in the region of £80,000. he car park has an ERV of £300,000 per [...]
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Bid Submitted for Liverpool Apartments
An offer has this week been made by Zameero, acting on behalf of the Pervaiz Naviede Family Trust, for 42 unsold apartments and the freehold of a site in Liverpool. The development, located at 35 Kent Road immediately south of Liverpool Central railway station, is being sold by Allsop on behalf of receivers. The guide price is £3,250,000 which equates to £77,000 per apartment. The estimate rental value when fully let is believed [...]
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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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Doncaster retail centre visited by Zameero
Manchester-based agents Zameero Ltd, acting on behalf of the Pervaiz Naviede Family Trust, visited the town of Doncaster today to look at the shopping centre which is being sold at the Acuitus July auction on behalf of receivers. The investment was previously on the market with Savills at an asking price of £7m. The guide price in the auction is in excess of £2m.
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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.
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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 [...]
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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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Zameero advises on Merseyside scheme
Manchester-based agents Zameero Ltd, acting on behalf of the Pervaiz Naviede Family Trust, have made an offer on a freehold residential investment being sold by Edward Symmons on behalf of Administrators and lenders Nationwide. The property on Birkenhead Road on The Wirral comprises a development of apartments within a Grade II listed country house together with a mixture of conversion and modern build mews houses/cottages set in 11.16 acres of landscaped gardens.
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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.