Edwards & Co completes deals at listed Manchester offices
Acting for landlord Bluefig Investments, Edwards & Co has agreed a five-year lease with software developer Human on 3,527 sq ft in the grade two-listed 56 Princess Street in Manchester. The agent has also completed a series of disposals in St John Street.
The Princess Street building was bought by Bluefig in 2016 and given a refurbishment designed by Sheila Bird Group. The reception has been remodelled and a bike store with showers added.
Faris Mousa, owner of Bluefig, said: “Human are exactly the type of occupier we had in mind throughout the design process. This is fast becoming one of the most sought-after office buildings in this area and we hope to attract more exciting tenants to the building in the very new future.”
There are two floors remaining in the building from 2,022 sq ft to 3,579 sq ft at a quoting rent of £17.50/sq ft.
Edwards & Co has also disposed of three listed former Georgian townhouses on St John Street on behalf of separate private vendors. All three commanded a full price, with one achieving a capital value in excess of £300/sq ft.
Number 10 was bought by Andrew Geddes, sustainable energy company SAV Systems has acquired and is occupying number 11, while number 19 was sold off-market to a private individual.
Richard Dinsdale, associate director of Edwards & Co, said: “Opportunities to acquire properties with a St John Street address are always scarce. The street, which over the years has become synonymous with barristers and medical professionals, has recently showed signs of diversification.”