Thought LeadersDemand for high quality office space soars in Manchester

Demand for high quality office space soars in Manchester

Leading commercial property consultancy, Hartnell Taylor Cook has today announced that 42 Fountain Street has achieved 50% capacity following its Grade A refurbishment at the end of last year.

The news follows a bumper year for the Manchester office market, which has recorded almost 500,000 sq. ft of take-up and the completion of 124 occupier deals this year. Changing occupier demands has seen businesses flock towards Grade A space in the city and has led to a surge in activity, with take-up 16% higher in the last quarter than the previous year.

Following its refurbishment last year, completed by Adapt, Jones Hargreaves and Inco, 42 Fountain Street has let 13,000 sq. ft. of stylish and contemporary office space across six storeys, with construction company Mace moving into the top floor of the building. The basement has been completely renovated to provide a cycle & shower hub, changing rooms and electric vehicle charging points – making it one of the city’s most sustainable offices – and the building now boasts a brand-new state of the art fitness studio and a stunning new boutique reception.

Located a stone’s throw from the Northern Quarter, the retail district, and the Civic Quarter; the building is surrounded by some of the most iconic heritage that the city has to offer and is strategically located to ensure businesses have easy access to all the main commuter routes.

In response to occupier demand, Hartnell Taylor Cook has been working alongside Adapt and Jones Hargreaves to transform 42 Fountain Street into one of Manchester’s most luxurious and premium office spaces.

Kevin Mills, Senior Associate Director at Hartnell Taylor Cook, who currently manages 42 Fountain Street, said:

“42 Fountain Street offers a great opportunity for businesses to grow and flourish in this bustling business hub. In recent months, businesses have been flocking towards 42 Fountain Street as the competition for Grade A office space has intensified and this type of premium office space on circa 3,500 sq ft floor plates has become an increasingly rare find. 

“As the flight to quality continues, more and more businesses are on the lookout for well-located, high-quality office space, and Manchester’s market is perfectly placed to respond to this demand.”

News Desk
News Deskhttps://www.businessmanchester.co.uk/
The Business Manchester News Desk team is a collective of experienced journalists and editors dedicated to delivering comprehensive business news and insights from the Manchester area and beyond. With a strong background in finance, technology, property, and innovation, our team ensures that our readers stay well-informed about the latest trends and developments in the business world. Through in-depth reports and insightful analysis, the Business Manchester News Desk team is committed to providing high-quality journalism to its audience.
Latest

Rising Fuel Costs Expose the £10,000 Mistake in Used Truck Buying

UK truck buyers are being warned about a common but costly mistake when purchasing used vehicles, one that industry experts say can lead to...

Manchester vet initiative launches offering free dog dental and breathing checks to tackle hidden illnesses

GoVets, Manchester’s leading independent veterinary practice, has announced a new community health initiative offering Free Full Dental Care and BOAS (Breathing) Checks for dogs. The initiative...

KPMG UK named Team Topologies Solution Partner to drive faster enterprise value delivery

Team Topologies, a company known for its approach to structuring organisations and technology teams for improved speed and efficiency, has announced that KPMG UK...

BNKer transforms self-storage by turning unused building space into value for landlords and residents

Manchester-based start-up BNKer is growing its presence across the North West, rolling out a fully managed, in-building self-storage solution that converts underutilised areas into...
Subscribe to our newsletter
Business Manchester will use the information you provide on this form to be in touch with you and to provide updates and marketing.
Don't miss

Manchester vet initiative launches offering free dog dental and breathing checks to tackle hidden illnesses

GoVets, Manchester’s leading independent veterinary practice, has announced a new community health initiative offering Free Full Dental Care and BOAS (Breathing) Checks for dogs. The initiative...

BNKer transforms self-storage by turning unused building space into value for landlords and residents

Manchester-based start-up BNKer is growing its presence across the North West, rolling out a fully managed, in-building self-storage solution that converts underutilised areas into...

Rising Fuel Costs Expose the £10,000 Mistake in Used Truck Buying

UK truck buyers are being warned about a common but costly mistake when purchasing used vehicles, one that industry experts say can lead to...

KPMG UK named Team Topologies Solution Partner to drive faster enterprise value delivery

Team Topologies, a company known for its approach to structuring organisations and technology teams for improved speed and efficiency, has announced that KPMG UK...

More News

Joe Martin-Bindley’s guide to becoming a successful letting agent in the UK

Becoming a successful letting agent in the UK can be a rewarding career, offering both financial stability and the satisfaction of helping people find...

Why new fast trains between London, Manchester and Rochdale can slash fares

Planned new high-speed trains between London Euston, Manchester and Rochdale will compete with existing rail services, deliver lower fares and serve new routes. That's according...

Jack Mason on How Microsoft Is Navigating AI Innovation and Regulation

Jack Mason says that Microsoft’s recent decision to leave the OpenAI board amidst increasing regulatory scrutiny marks a significant juncture in the tech industry....