Lettings latest: The Observatory; Waterfold Business Park; and more
AROUND 9,500 sq ft has been taken at The Observatory in Manchester’s Cross Street by existing occupiers.
Nationwide has expanded from 2,673 sq ft to 7,008 sq ft in the 55,000 sq ft building, while Ward Hadaway Solicitors has taken an additional 2,422 sq ft, taking its total space to 6,918 sq ft.
The deals follow a refurbishment of the second, fourth and fifth floors and the appointment of GVA and Savills as joint letting agents.
The building is owned by higher education pension fund the Universities Superannuation Scheme (USS).
Fund manager Alex Turner said: “The Observatory provides occupiers with high quality office accommodation in the heart of Manchester’s central business district. That Nationwide and Ward Hadaway Solicitors chose to expand within the building rather than relocate is testament to this and demonstrates an upturn in demand for office space in the city.”
Around 22,000 sq ft is vacant at the building.
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JDK Roofing & Scaffolding has taken Unit 2, at Waterfold Business Park, Bury, for storage and distribution.
It has agreed a three-year lease at £25,000 a year for the 5,517 sq ft space.
John Kilroy, managing director, of JDK Roofing & Scaffolding said: “Waterfold Business Park is ideally located for our business operation with the warehouse and office accommodation we require at a competitive price and complements the Bolton outlet.”
Agents Regional Property Solutions and Noland Redshaw acted for the landlord Broomfield Estates Investments.
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HARRINGTON Advisory, a financial claims advisory service, has taken 6,250 sq ft across three floors at Inwood House in Castlecroft Road, Bury.
The company has agreed a five-year lease with Nolan Redshaw which was representing a private client.
Paul Nolan from Nolan Redshaw said: “Inwood House is a landmark building situated on a prominent site in the town offering some of the best accommodation with the deal reflecting the growing confidence in Bury as a place to do business.”
