Office store near Churchill Square up for rent at £70,000

THIS is how much it would cost you to rent out a large shop in the heart of the city centre.

The vacant Office building in Cranbourne Street could be yours – so long as you have got £70,000 to spare.

That’s not including the rates, which have been valued at £53,000.

Located in the busy pedestrianised thoroughfare linking Churchill Square shopping centre with Duke Street and The Lanes, the shoe shop boasts a “high footfall day and night”.

So much so, that each square foot of the unit has been valued at £30.55 – which quickly adds up in a building over 2,000sq ft.

Configured over the lower ground, ground, first and second floors, stairs to the rear of the property lead to the lower and upper floors which are used for currently used for storage.

The Argus: A map shows the unit in the heart of the city. Credit: ZooplaA map shows the unit in the heart of the city. Credit: Zoopla

The details have been posted on the property listing site Zoopla, advertising a “rare opportunity” to acquire the “impressive” building.

The advert reads: “The property has a notable large glass frontage of 35′ and WC facilities are located on the lower ground and second floors.

“A rare opportunity to acquire this impressive and prominent E class building which would suit a variety of commercial occupiers.

“A new full repairing and insuring lease for a term to be agreed at a commencing rental of £70,000 per annum exclusive and subject to rent reviews at the appropriate intervals.”

The property is being marketed by Graves Son and Pilcher.

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