New Square
Retail / Leisure Opportunity
Manchester
Manchester is a world-class city which offers people a great place to live, work and visit.
The population of Greater Manchester is 2.8 million and the population of Manchester is projected to rise by 17.6% from 2019 to 2030 (source: Manchester City Council).
Manchester New Square is located in one of the city’s highest growth areas, with the population in this area projected to increase by 61.5% by 2030, which is over three times higher than the average for Manchester (source: Manchester City Council).
Over 300,000 people work in the city on a daily basis and these people, coupled with the millions of tourists that now visit the city, make it an attractive location for occupiers.
In 2018 The Economist ranked the city the best in the UK to live in, in its Liveability Index. On a global level, Manchester’s ranking jumped 16 places in 2018, to place it 35th in the world’s best cities to live in. The rankings are based on 100 criteria including culture, infrastructure, economic stability, environment and education.
Location
Manchester New Square is located in Manchester city centre, on the corner of Princess Street and Whitworth Street, 5 minutes walk from Piccadilly Train Station.
Its central position within the city means that Manchester New Square is surrounded by a mixture of residential, offices, hotels and leisure uses.
It forms part of an important conservation area within the city, which the Council describe as “uniquely Mancunian in character, its physical form being established by the wealth of fine Victorian and Edwardian buildings erected between 1850 and 1920. They reflect the historical importance of the textile industry in the city”.
The Opportunity
The developer, Urban & Civic plc, are developing three individually designed, 12-15 storey buildings around a tranquil landscaped square.
The 351 one, two and three bedroom apartments are all generously proportioned and the ground floor offers scope for up to six retail and leisure units, some of which can be combined together if required.
Availability & Plan
This property is arranged on ground and two upper floors and is currently undergoing extensive refurbishment. The refurbished space at ground floor will provide a substantially improved retail frontage of 110 ft (33.52m) with the potential of additional space at first floor if required. The premises already benefits from A1 and A3 planning consent.
BUILDING B1 LISTER | Sq m | Sq Ft |
|---|---|---|
Unit 01 | 348.0 sq m | 3,745.8 sq ft |
BUILDING B3 CARDING | Sq m | Sq Ft |
|---|---|---|
Unit 01 | 84.5 sq m | 909 sq ft |
For further details please contact:
Metis Real Estate Advisors
Key Information
- Retail / Leisure Opportunity
New Square Manchester
Code of Practice
The landlord accepts the principles of the Code of Practice for Commercial Leases in England and Wales. Alternative lease terms are available on request. A copy of the Code of Practice can be obtained from the Royal Institution of Chartered Surveyors, 12 Great George Street, Parliament Square, London, SW1P 3AD, Tel: 0207 334 3795 or alternatively from the website: www.leasingbusinesspremises.co.uk.
