Two lettings agreed for Manchester’s 196 Deansgate
Two businesses have taken space at the Grade II listed 196 Deansgate in central Manchester.
Smart home security systems manufacturer SimpliSafe will occupy 7,689 sq ft across the first and second floors of the recently restored Edwardian building, while engineering consultancy firm Harley Haddow has taken the remaining 983 sq ft on the first floor. Both companies have signed five-year leases.
The 63,000 sq ft building, which was bought by German investment firm AM Alpha from CEG in August last year, has undergone a refurbishment featuring fitted and furnished office space to accommodate requirements of up to 5,000 sq ft, along with a new shower and cycle facility in the basement of the building.
Two businesses have taken space at the Grade II listed 196 Deansgate in central Manchester.
Smart home security systems manufacturer SimpliSafe will occupy 7,689 sq ft across the first and second floors of the recently restored Edwardian building, while engineering consultancy firm Harley Haddow has taken the remaining 983 sq ft on the first floor. Both companies have signed five-year leases.
The 63,000 sq ft building, which was bought by German investment firm AM Alpha from CEG in August last year, has undergone a refurbishment featuring fitted and furnished office space to accommodate requirements of up to 5,000 sq ft, along with a new shower and cycle facility in the basement of the building.
Asking rents in the building are £38 per sq ft.
John Nash, director of Canning O’Neill, which advised AM Alpha on both lettings, said: “196 Deansgate is an attractive character property in a popular part of the city centre. The remaining 5,000 sq ft of space is available now, and a further 10,000 sq ft will be available for occupation early next year.”
Harry Skinner associate director of Cushman & Wakefield, which advised SimpliSafe, said: “The space provides a high-quality turnkey fit-out requiring minimal capex, and this, combined with the character style of the building, is the perfect fit for our client.”
See Manchester lettings >>
Photo © Cushman & Wakefield