196 Deansgate Attracts New Tenants

| Helen Hallsworth

Investment and development company CEG has secured three lettings at 196 Deansgate in Manchester city centre totalling 10,059 sq ft.

Fintech payment services and software company Saltpay has taken 5,328 sq ft on the second floor. Based in London, 196 Deansgate will be the home for its new North West office. In separate deals, ticketing and CRM technology specialist, Spektrix has signed up to 2,600 sq ft on the first floor and independent advisory firm, Quantuma has agreed to take 2,131 sq ft on the third floor.

Located at the junction of Deansgate and Quay Street, 196 Deansgate provides approximately 48,000 sq ft high quality office space over five upper floors with 17,784 sq ft retail space on the ground floor.

Speaking about the letting, Rob Morton, Investment Manager at CEG, commented: “196 Deansgate is a historic, Grade II listed building that continues to evolve with the times. Through the sympathetic combination of original heritage features and a Grade A office specification, we have managed to create characterful offices that meet the needs of modern-day occupiers. The recent enhancement works to the main entrance, common areas and wc’s together with installation of showers and secure cycle storage and complimentary food and beverage uses in the ground floor all enhance the experience of the people who work here.”

John Nash, director at Canning O’Neill, joint agents for the scheme with Avison Young, continued: “CEG’s consistent and sustained investment in the historic building has meant 196 Deansgate continues to be a premier address for many organisations who want to be located in the city centre. This has been reflected in three lettings having been recently concluded with a further three deals currently in solicitors’ hands.”

Suites are available from 2000 sq  ft up to 4,630 sq ft.

Andy Cooke at Savills represented Quantuma.

Quoting rental is £31.00 per sq ft.