The Prince of Wales’ charity has agreed a pre-let on 10,696 sq ft at the former home of nightclub Sankeys in Ancoats, Manchester, acquired by Urban Splash in March 2017.
The developer said that the deal means that more than 90% of the building has been let ahead of refurbishment works completing, with terms on around 36,000 sq ft completed since it bought the building.from Delancey, for a price thought to be around £5m.
Built in 1824, the mill has around 53,600 sq ft of space across six floors, the top four of which were already in use as offices on Splash’s takeover
Commercial director Emily Handslip said: “In just 18 months we have transformed this building and given businesses in Manchester the opportunity to base themselves in the city’s most exciting area, Ancoats.
“To secure 90% of lettings even before completion is a wonderful achievement and I am delighted the team’s already been able to bring in such a great range of businesses.”
The Prince’s Trust deal is the largest single letting at the building. The organisation helps 11 to 30 year-olds who are unemployed or struggling at school to transform their lives and the new base at Beehive Mill will complement other regional hubs in Salford and Merseyside.
Prince’s Trust North regional director Clare Crabb said: “Our range of programmes in Northern cities reflect the heritage and innovation found in this area, and our work in Manchester will be no different. We’ll help young people find their passions and skills and fit into Manchester’s vast offering; Beehive Mill is the perfect place for us to do that and we can’t wait to open our doors and show our supporters and stakeholders the work we are doing.”
The tenant roster will also include architect Maurice Shapero – designer of the Beehive Mill refurbishment – along with design studio Fornight, software developer Silverchip and Intermarketing. Existing occupier Beehive Lofts has taken an additional 3,688 sq ft to create more co-working desks.
Elsewhere in Greater Manchester, Splash has this month agreed terms with Duo Creative Services at the Schoolhouse in Trafford Park and signed two further businesses at Boat Shed in Salford Quays.