LIVERPOOL property firm Downing has unveiled the latest phase of its multi-million pound refurbishment of the city’s Capital office building.

Downing acquired the site, formerly owned by Royal & Sun Alliance, for a record £51m.

Since then, it has invested tens of millions revamping the space not still occupied by the insurance giant.

The property group is progressing works on a 24,197 sq ft suite of office space, which is now available to let.

The suite benefits from panoramic sixth-floor river views and can be leased whole or split into separate offices.

At 390,000 sq ft, The Capital is Liverpool’s largest office building, and this represents the last opportunity for occupiers to move to the site for the foreseeable future.

Downing is advancing a multi- million floor-by-floor refurbishment programme, which is also delivering additional facilities alongside the office space.

A new hub has been established in the building with tenants including supermarket giant Tesco, Cinnamon Café and florist Flowery Hazel, and Downing is in negotiations with other operators to add to its retail mix.

Ann Lodge, chief executive of Downing, said: “This is the last chance for businesses to move into Liverpool’s best office building, in the heart of the commercial district, and the suite offers occupiers unrivalled efficiency, quality and value for money.

“We will continue investing in The Capital to ensure it has the highest quality space and offers facilities that tenants, and the wider commercial district, can benefit from.”

GVA and DTZ are joint agents, and tenants include the UK Border Agency, which leased 220,000 sq ft in Liverpool’s largest ever commercial letting in October, 2009, and Liverpool Vision.