LAND AT £3OOO A FOOT
A Xondon Oxford street shop has just changed hands at a price of .£3OOO for each loot of frontage, or just over £-57 n square foot. The buyers are Pcnbertliv’s, Ltd., women’s outfitters, of 388-392, Oxford street, who are about to enlarge their premises. Tc do so they have bought tho next-door premises, a watchmaker and jeweller's shop. The full price for the deal is £53,000. The frontage is 17ft, the depth 54ft, and the area 918 square feet. How expensive land is in the shopping districts of the West End is shown hv the fact that in Piccadilly a simp with a Oft frontage has a yearly rental of £lO a square foot. In Regent street £8 and £8 10s a square foot are rentals asked*
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NZTIM19270112.2.27
Bibliographic details
New Zealand Times, Volume LIV, Issue 12652, 12 January 1927, Page 5
Word Count
132LAND AT £3000 A FOOT New Zealand Times, Volume LIV, Issue 12652, 12 January 1927, Page 5
Using This Item
Stuff Ltd is the copyright owner for the New Zealand Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.