Manchester business district building now almost fully occupied
Independent insurance broker and risk management advisor, Towergate Insurance has committed to take the refurbished 8,824 sq ft on the fifth floor of 3 Hardman Square, Spinningfields, at £33.50 per sq ft.
Towergate has been in the building, owned by Royal London Asset Management (RLAM), since 2015.
Alongside the letting to Towergate, RLAM has also secured agreement from corporate and commercial law firm TLT to commit to another five years at 3 Hardman Square with the removal of a break clause in its rental agreement for more than 22,000 sq ft on the seventh floor.
Having recently delivered a state-of-the-art cycle hub, RLAM has also committed to the introduction of a new ground and mezzanine level reception amenity with soft seating, private booths and a refreshments offer, with completion due in October 2019.
The 3 Hardman Square building is now almost completely let to tenants, including Towergate, TLT, General Medical Council and WorldPay, with just the 22,047 sq ft fourth floor available at £33.50 per sq ft.
Scott Shufflebottom, associate director, national offices at Colliers in Manchester, acts as joint agent on 3 Hardman Square with fellow property advisors CBRE, and said: “Towergate taking new space and TLT committing to extend its occupation at 3 Hardman Square are testament to the appeal and status of 3 Hardman Square and RLAM’s commitment to continuous building improvements.
“Swiftly following the cycle hub, the introduction of the new reception amenity will be a great addition for existing occupiers, but also prospective occupiers seeking to acquire the last remaining, newly-refurbished floor.”
