Cunard Building now valued at £32m as agents market remaining office space

Liverpool City Council, which purchased the Grade II-listed building in 2014, has appointed CBRE and Keppie Massie as joint agents to seek tenants for 62,000 sq ft of available accommodation

Cunard Building, one of Liverpool’s waterfront Three Graces

 

CBRE and Keppie Massie have been appointed as joint marketing agents for Liverpool’s Cunard Building, one of the city’s iconic Three Graces.

Liverpool City Council purchased the Grade II-listed building in 2014 as part of its Invest To Earn strategy and it has since undergone a significant refurbishment, with 62,000 sq ft of space currently available. 

The historic former home of the Cunard Line shipping company, the building totals more than 250,000 sq ft, with floorplates up to 34,000 sq ft. Available suites currently range from 300 sq ft to 17,500 sq ft.

An independent valuation of the building has shown it is currently worth £32 million and is generating a net financial benefit to the council of £2m million per year, with existing occupiers including Redrow, Smurfit Kappa, Billingtons, Public Health England and Liverpool City Council.

Many of the outward-facing offices within the building boast balconies with river views and a range of high-specification conference facilities are available to tenants. Newly refurbished flexible suites branded “The White Rooms” also provide an impressive city centre space for start-ups and growing SMEs.

Tim Garnett, head of commercial agency at Keppie Massie, said: “Cunard Building is one of the UK’s iconic landmarks and we are excited to be involved in bringing some of the finest refurbished accommodation to the market.

The building is rightly seen as a beacon for inward investment into the city and we are already in discussions with a number of significant new occupiers.” 

Neil Kirkham, director at CBRE in Liverpool, said: “There are some very exciting proposals being considered which are sure to prove highly appealing to modern office occupiers.  With suites from 200sq ft to floors of 34,000 sq ft, Cunard Building also has a significant amount of flexibility to accommodate each and every occupier.”

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