Stockport Pyramid to become restaurant
Royal Nawaab, best known in the North West for its former banquet hall in Levenshulme, is close to agreeing a deal that would see the building occupied for the first time since the Co-operative Bank moved out in 2017.
Eamar Developments, owned by Dr Abdullah Al Naeem, acquired the Pyramid for £4.5m in 2019 and now, four years on, the landlord is close to securing its first tenant.
Having stood empty for six years, Royal Nawaab owner Mahboob Hussain confirmed to Place North West that talks with Eamar are progressing.
Royal Nawaab is planning to convert the entire 86,000 sq ft building into a restaurant and banqueting hall, Place North West understands.
The restaurant business also operates out of the Hoover Building in London. However, Royal Nawaab is best known in the North West for its former Levenshulme venue, located on Stockport Road.
The site was rebranded as Merzee earlier this year after Hussain sold his stake.
Located off Junction One of the M60, Eamar’s Stockport Pyramid is arguably one of the North West’s most recognisable buildings.
The Pyramid has had a chequered history and laid empty for several years after its completion, following the collapse of the scheme’s original developers.
The Co-operative, which also funded the project, took control of the building in the hopes of finding a tenant, before moving in itself in 1995.
The building has been empty since 2017 after the bank moved its operations to NOMA in Manchester.
More details on the building’s future use as a restaurant are expected later this month. Ahmed Yaseen, a surveyor specialising in commercial real estate, is acting for Eamar on the deal alongside Fozia Al Harby, the chief executive of Eamar Developments.
Well done Royal Nawaab. Best Restaurant in the best Building.
By Ummer
This is great news for Stockport lots of jobs for local people
By Parwez Raja
It’ll be good to see that car park filling up again
By Major
Be fantastic 👌…be like the shard ………☺️(just hope not silly crazy prices…….just reasonable ones😉)))sounds amazing …..cannot wait to go….if it does become a restaurant………
By Caroline
Parking ??
By Anonymous
This could be really good.
By Nathan
That’s a biiiiiig building for a restaurant & banqueting hall. It’d make a cracking hotel too!
By Anonymous
Good luck it’s good to see alternative uses
By Anonymous
An 86,000 sq ft restaurant!!?? Crazy as a jalfrezi….
By Sceptical
Highly unlikely this will be viable as a form of going concern, as much I wish such an iconic building should made use of, I just can’t see it. With the internal fit out and external glass to be brought up to current standards, I would think the budget for this would be excessive. Possibilities are to break the building down into sections and floors and offer alternative use for certain floors by having the restaurant on a higher level and office use below during the daytime. Fire and escape will be of concern with any change of use. I see there is no published budget for this, is this just a publicity stunt, heavens forbid.
By GW Design & Installation
Events events events nothing like it in south manchester
By Anonymous
It will make Stockport Rouunabout even busier than it already is. There will be Mercedes and Toyota Yaris’s everywhere
By Anonymous
Is this a joke? Such a prominent and iconic office building is being converted into a restaurant!! The owner needs to invest in the building and be more imaginative. There is so much great work being undertaken elsewhere in Stockport by the likes of Stockport Council, Muse and Capital & Centric, which is attracting businesses, investment and employment into the town. An 86,000 sqft restaurant is a nonsense and the Council need to stop this from happening
By Mr Karn
Egyptian restaurant perhaps?
By Anonymous
It would be great for the general public to finally have access to this iconic building.
By Pablo
I’m glad someone is wanting to move in, but surely a restraunt is one floor only, maybe not even a full floor.
By Anonymous