Princess Street Lettings Enhance Creative Hub

Exterior photograph 54 Princess StreetActing on behalf of Canada Life Investments, commercial property agents Canning O’Neill have announced five deals at 52 Princess Street and 54 Princess Street in Manchester city centre.

At 52 Princess Street, The Recruitment Business Ltd trading as Become and Jefferson Sheard Ltd have taken 849 sq ft 527 sq ft respectively. These latest deals mean that 52 Princess Street is now fully occupied.

Havas Media Planning Ltd t/a Havas Media (2,498 sq ft), R.O.EYE Ltd (1,917 sq ft), and Creative Lynx Ltd (1,553 sq ft) have all signed up to 54 Princess Street. They join existing tenants JM Architects, Havas Lynx, and Urban Cookhouse leaving only the top floor of 4,848 sq ft, which is available immediately.

Tenant fitted kitchen at 54 Princess StreetThe lettings come after Canada Life acquired 54 Princess Street in 2015 and working closely with Bridge Properties Ltd have since undertaken a comprehensive refurbishment of the building including sand-blasting brick and beams to reveal the true character of this 19th century former warehouse.  In addition, facilities have been updated to suit modern occupier requirements with the addition of showers and collaborative working areas.

Ben Wood, Fund Manager at Canada Life Investments / Paul Stewart from Manchester based Bridge properties commented:  “At 52 Princess Street and the soon to be re-positioned 54 Princess Street we have worked closely with occupiers to create a vibrant mix of companies that collaborate, mentor, inspire and talk to one another.“

Interior office photograph of 4th floor at 54 Princess StreetJohn Nash, associate director, Canning O’Neill, joint agents for both schemes with Edwards & Co. said: “52 Princess Street remains one of the best examples in Manchester of a warehouse converted for office use and 54 Princess Street is now being brought up to an equal standing.  The level of demand is testament to the quality of the refurbishment work and the reaction at the launch of the top floor of 54 Princess Street earlier this month was incredibly positive”.

Tenants were all unrepresented.

John Nash

About John Nash

John is Associate Director at Canning O'Neill in Manchester