Ducie Street Renovation Proposal

Page 5

COMPANY DETAILS Parkfield Properties (North West) Limited Parkfield Properties (North West) Limited is a private limited company, registration number 04519010 with a date of formation 27/08/2002 Rizk Saleh Parkfield Properties 1 Windsor View Liverpool Merseyside L8 0UN 0151 709 9741 Rzk6@hotmail.co.uk www.parkfieldproperties.com

COMPANY DIRECTORS & ASSOCIATES Director - Mr. B. A. Saleh (Rizk), 38 Cleveley Road, Allerton, Liverpool, Merseyside, L18 9UW Director - Mr. A. Chudary, C/O 1 Windsor View, Liverpool, Merseyside L8 0UN Associate – Mr. M. A. Salim, 16 Bittern Close, Bamford, Rochdale, OL11 5QX Associate – Mr. Wahab Ahmed C/O 1 Windsor View, Liverpool, Merseyside L8 0UN Associate – Mr. M. Hussain C/O 1 Windsor View, Liverpool, Merseyside L8 0UN NRH Properties Limited. – Sister company of Mr. B. A. Saleh. Parkhills Hire Limited – Sister company of Mr M. Hussain Manchester Book Keeping Service Limited – Sister company for Mr M.A. Salim

Parkfield Properties is a successful development company operating mainly in Liverpool, refurbishing properties, constructing new ones and providing investment and commercial opportunities. Founded in 2002 by Rizk Saleh the company cut its teeth by refurbishing terrace properties for rent. The company began to grow as its portfolio expanded into developing commercial as well as residential properties. The demand for a quality, sustainable rental product saw the organisation outshine its competitors in providing a product that was tenant-centric in its approach. One of Parkfield Properties’ main objectives is to invest in communities and areas that need it. It is important before any investment is made that we acquire a feeling for the community, understand the issues that are being faced and begin to try and find solutions which sometimes go beyond buildings, with previous outcomes including helping the youth community through opportunity and employment through to projects with the elderly. This has been one of Parkfield Properties’ core values; the belief that regeneration and construction are about a great deal more than bricks and mortar. The improvement and maintenance of properties and buildings is an opportunity to invest in sustainability, skills as well as a much broader range of economic and social benefits to the localities. Parkfield Properties has developed programmes with respect to local labour, employment, apprenticeships, workplace training and the use of local suppliers and contractors. Since the company’s formation in 2002 there is a belief that it is a fundamental social virtue to employ local people to build and maintain the fabric of their community. There are equally strong social, economic and environmental benefits ensuring that our local approach is one of the means by which

we can help build vibrant sustainable communities. One of our success stories is the work we have undertaken in Lodge Lane. Having acquired and refurbished a small number of residential properties in the area the Directors of Parkfield Properties realised there was a need and a demand for commercial units. Lodge Lane has always had a diverse commercial offer but since the 80’s that commercial offer had been on the decline, as the number of suitable commercial units decreased. The directors at Parkfield Properties had a vision to invest in commercial units with residential above that would bring a distinctive ethnic commercial and food offer to the area to meet the need not just for the local Liverpool 8 community but for all parts of the city. Having seen the growth of areas like Rusholme in Manchester the directors at Parkfield Properties wanted to kick start a long term project that would get local entrepreneurs, the city council and other local stakeholders thinking about Lodge Lane and how much of a commercial jewel in the city’s crown it can become. Parkfield Properties was able to work alongside local entrepreneurs to lure one of the fastest growing and largest Asian food chains in Keebabish Original, as well as successfully attracting the first UK franchise of world-wide brand Broaster. As well as attracting national and international brands to Lodge Lane, Parkfield Properties has also developed commercial units for local entrepreneurs including the specialist barber shop Pappy’s whose clients include locals, celebrities and footballers who have then also sampled some of the other businesses in the area which has led to them becoming regulars to shopping in the Liverpool 8 Supermarket, dining in Keebbabish Original as well as Broaster. Lodge Lane has seen a revival not

only thanks to our initial investment but also to the other entrepreneurs who have seen the success we have had and begun to invest in the area providing complementary commercial enterprises. This has all led to an increase of visitors to the area and an improvement to the perception of Lodge Lane and Liverpool 8. So far Parkfield Properties has invested just over £2m in the area and we even located the company’s head office in one of the developments. Parkfield Properties has a number of local suppliers and partners it works alongside depending on each project and the specific requirements. For the project on Ducie Street Liverpool architects Areeba Architecture will provide their services helping reimagine the properties and bringing them back into the best possible use.

Certificate of incorporation is attached in Appendix i


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