The refurbishment of one of Manchester’s most iconic office blocks has recently been finished
Commercial Estates Group (CEG), a property firm based in Harrogate, took on the project, which cost an overall total of £3m.
The office block is at 196 Deansgate and is a Grade II-listed building located in the heart of Manchester city centre on the junction of Quay Street and Deansgate. It provides businesses with a total of 48,000 square feet in office space, which is split over five upper floors, with a ground floor retail unit measuring 17,784 square feet.
Currently, the tenants of the Deansgate office block include Proteintech Europe (a biotech company), McCann Manchester (a media agency), and investment business Adimus.
On completion of the project, the Investment Manager of CEG, Greg Lacey, stated that the building had been transformed into an “exceptional office space”. He spoke of Manchester being an ideal location for businesses to base themselves as it is a thriving city with millions of visitors each year, and has access to a number of transportation links to other major UK business hubs.
Canning O’Neil is the real estate company in charge of the Deansgate-based building, alongside WHR Property Consultants. Conrad O’Neill, who is the co-founder of Canning O’Neill, stated that CEG had done a great job at successfully blending the original architecture of the building with the modern specification of today’s office space.
He added that the office market within the city remains strong as there are so much quality office space in Manchester, and all parties involved in the Deansgate project are confident that the remaining space will be let out quickly.