Commercial Estates Group has announced plans to undertake a refurbishment of 196 Deansgate, in the heart of Manchester city centre.
Located at the junction of Deansgate and Quay Street, 196 Deansgate comprises approximately 45,000 sq ft office accommodation over five upper floors with 17, 784 sq ft retail space on the ground floor. The building is already home to office occupiers including CityPress PR, Pharmacist Support, Adimus Limited and outdoor retailer, Blacks.
Planning consent has been granted to upgrade the first and second floors, each measuring 9,798 sq ft, to the same standard as the third, fourth and fifth floors, which have already been refurbished to Grade “A” specification.
The third floor, offering 2,131 sq ft space, has been refurbished and is already under offer with the suites on the remaining two floors available to let. The larger suites 4,073 sq ft to 5,072 sq ft can be split to offer accommodation from 2,000 sq ft.
The announcement coincides with the appointment of Canning O’Neill as joint agents with WHR.
Speaking about the scheme, Conrad O’Neill, Director of Canning O’Neill, said: “196 Deansgate is a stunning period office building with a touch of class. The first and second floor accommodation is being sympathetically remodeled to create modern offices, whilst taking care to preserve and enhance its original features.
“With planning consent now obtained, the main refurbishment works will shortly go out to tender with completion scheduled for the end of the year.”
The quoting rental is £19.50 per sq ft.