Development Director Joins Cavlon

UKREiiF 2025

For many years now, Cavendish & London Property Group has been breathing new life into existing buildings in Derby city centre to create high quality commercial space and luxurious apartments. Managing director Atish Parmar confesses that the firm’s first project in the city was a “gamble” – but here, in his own words, he explains why investing in Derby is now definitely a chance worth taking.

A question I am asked on many occasions is ‘Why do you invest in Derby?’.

I’ll be upfront and tell you. In all honesty, we took a gamble on our first project in Derby because we saw its potential and could envision the possibilities.

Curzon Street featured a row of run-down, dilapidated properties that desperately needed revitalising.

We believed we had the potential to breathe new life into the building, attract fresh footfall and aesthetically enhance the street.

In less than four months, we transformed it into a luxury 18-bedroom HMO scheme with a parking area to the rear, which is currently operated by NCP for public use.

While this project was underway, we learned of promising developments in the city centre, which led to us purchasing another property on Wardwick.

Our plan is to secure a tenant on the ground floor to provide a facility for the footfall that Becketwell Live will bring.

The Q3 event roster already features big names like John Bishop, Wet Wet Wet and Tim Peake, proving that demand is there for this area to be the hub for leisure.

We want to ensure that Cavendish & London Property Group plays its part in this exciting period for Derby city centre.

Additionally, we have invested in Sadler Gate and hope to offer six residential units by summer of 2025, contributing to the positive impact that other landlords are making on the street.

Looking ahead, our plans for Cavendish & London include acquiring more sites across Derby city centre.

We are actively reaching out to commercial agents and landlords in search of new opportunities.

Having taken a chance on Derby, we now feel that we are contributing a small but significant way to the city’s positive change and regeneration – and we are looking forward to what 2025 will bring.

Cavendish & London Property Group have filled two pivotal roles within the business. The company's expeditious plans to double the size of its current portfolio progresses as two great candidates join the team. Cavlon now has a new Property Manager and Finance Director.

Our new Finance Director David Appleton now consults the company and helps implement the vision to increase the property portfolio and revenue. David brings over 30 years of financial experience and will be ensuring the companies p&l's, balance sheets and forecasts are all at hand to drive the most important element of the business forward.

We are thrilled to announce our latest acquisition: 40 Sadler Gate, located in the heart of Derby's iconic Cathedral Quarter. This prime property represents a blend of history, culture, and opportunity, aligning perfectly with our mission to regenerate and breathe new life into the East Midlands’ property landscape.

Preserving Local Heritage

Sadler Gate is renowned for its vibrant mix of independent retailers, historical charm, and a buzzing community atmosphere.

A Commitment to Derby's Growth

The acquisition of 40 Sadler Gate is more than just a business milestone for Cavendish & London Property Group; it’s a statement of our ongoing commitment to regenerating Derby and fostering sustainable growth in the East Midlands.

This project highlights the symbiotic relationship between supporting local businesses and introducing modern living solutions. It’s through this careful balance that we aim to drive long-term value for the community, tenants, and our stakeholders.

What’s Next?

At Cavendish & London, we believe in the power of thoughtful development that enhances both the character of an area and the lives of those who call it home. Keep an eye on our website and social media channels for updates on the progress of this exciting project.

See some of our previous work here.

18-22 St James's Street is steeped in history and brimming with potential. This street has long been a central point for local businesses and community engagement. Its prime location makes it an ideal canvas for our vision of urban regeneration.

At Cavendish & London, we specialise in unlocking the hidden potential of iconic properties. For us, this acquisition represents an opportunity to inject energy and vibrancy into Derby’s cityscape while respecting its rich heritage.

Transforming the Space: Food, Beverage, and Leisure

Our vision for 18-22 St James's Street is to create a destination that blends food, beverage, and leisure experiences. The ground floor will be revitalised as a vibrant space that offers independent business owners to foster a welcoming connection with Derby locals and visitors.

This transformation aims to position St James's Street as a must-visit destination in Derby for residents and tourists alike.

Preserving History While Embracing Modernity

At Cavendish & London, we understand the importance of preserving historical character. Our plans for 18-22 St James's Street carefully balance modern design with respect for the building’s architectural heritage. By doing so, we ensure the property remains a cherished landmark while serving contemporary needs.

Calling All Food, Beverage, and Leisure Operators

Are you an operator looking for an exceptional location in Derby? With its prime position and exciting redevelopment plans, 18-22 St James's Street offers a fantastic opportunity to establish your business in a thriving hub.

Contact us at hello@cavlon.co.uk to discuss how you can be part of this transformative project.

A developer says he is helping breath new life into Derby by transforming empty retail units and their vacant floors.

Atish Parmar, director of Cavendish & London Property Group, is regenerating properties in Wardwick, in Derby’s Cathedral Quarter.

He said one project has been completed, and another is due to start in April. He is also looking for more buildings to buy.

He said: “Our main objective is to make this part of the Cathedral Quarter vibrant again. There is a current void within the vicinity and action needs to be taken by private investors like myself to start getting the cogs turning again.

We believe in bringing residential accommodation back into the city centres, so that local businesses are having a positive impact from the occupiers.

We have just completed our project on Wardwick which is a retail unit and seven bedroom student accommodation on the upper floors.

Our next development is taking place in Curzon Street.

This will be an 18 bedroom luxury student accommodation with large bedrooms all with en-suites, contemporary communal kitchens & lounges with high speed internet for the modern-day student.

The area has had some great news recently in terms of the Becketwell scheme, we see this as a huge step forward for Derby and we look to help the area by purchasing more properties that are vacant to allow for professionals and students into the centre.

Good quality accommodation is always needed. Having this within a city centre can only benefit us all."