Another Letting at 40 Spring Gardens, Manchester

Photo: Another Letting at 40 Spring Gardens, Manchester

OBI Property announced the letting of the third floor at Impax Asset Management’s 40 Spring Gardens building.  Aldermore, the specialist bank, has expanded the size of its accommodation, doubling its space by taking an additional 12,000 sq ft.

The 100,000 sq ft Grade A office building boasts a quality tenant line up including office occupiers Aon and Lloyds Bank who this month have taken occupation of half the 6th floor (6,000 sq ft).

The letting follows hot on the heels of the ground floor letting of 2,175 sq ft to Hairdresser/Beauty salon operator Evelyn’s who join retail and leisure operators Hervia and award winning Beermoth.

Ian Rolls, Head of Group Services, Aldermore said: “Since moving into 40 Spring Gardens during 2016 our local business has gone from strength to strength and the efficiency of the large floor plates and the quality of the building has really assisted the productivity and well-being of our team here in Manchester.

“We have been impressed with the sustainable management in place at the building and working with our pro-active landlords, we are delighted have doubled the size of our space which will enable us to further grow our Manchester presence.”

Esme Lowe, Managing Director, Impax Asset Management said: “The lettings to Aldermore and Evelyn’s, and occupation by Lloyds, demonstrates the level of interest and activity we are seeing in the Manchester CBD.  We are confident discussions on the remaining 2 floors (22,000 sq ft) will be concluded shortly meaning the building is 100% let.  We are firm believers in the growth potential of Manchester and are already looking at new opportunities site to re-invest in the City.”

OBI Property represented the landlords, Impax Asset Management.  Aldermore Bank represented themselves.

The news was covered in several property publications including Property Week , Place North West and Insider.