Trust Bids for West End Car Park

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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 annum.

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

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