Re: Re: Winthrop Arcade
Why would you want to destroy this amount of Zone A space to create a really standard box where you’d value off Zones C + D for the majority of space?
In a good market the arcade would surely attract a premium as being a quirky building to have in one’s portfolio.
I can well understand that one may get frustrated dealing with local independents in the current climate but in the medium term this proposal would destroy a lot of value.
A pavement license for tables and a change of use to coffee operator from the CC may assist greatly in fixing the LTV