A prime West End space is being offered for just £30 per sq ft.
Westminster City Council has brought to market a 50,000 sq ft underground car park in Cavendish Square, W1. It is currently being used as a three-tier car park operated by Q-Parks. The council is offering the top tier at lower ground level to a range of occupiers at £30 per sq ft.
Equivalent commercial space above ground can cost as much as £100 sq ft.
A number of uses are being considered, including a gym, restaurant, bar, museum, health centre, or a depot for an online retailer or logistics firm.
It has vehicle access, a staircase, a lift, 78 light wells and a central ceiling height of 2.7m.
BC Retail is advising.
• To send feedback, e-mail amber.rolt@estatesgazette.com or tweet @amberrolt or @estatesgazette
