A New Look and More Tenants for Universal SquareMCR Property Group
MCR Property has completed a comprehensive refurbishment of Universal Square in Manchester city centre.
The 280,000 sq ft office campus has been fully re-clad and new windows have been fitted throughout. Internally the café and communal areas have been refurbished. The office space now benefits from new air conditioning, LG7 lighting, raised access floor and suspended ceiling.
Cushman & Wakefield has been appointed by MCR Property as letting agent at Universal Square alongside Savills and Canning O’ Neill.
Occupiers at the scheme include, Carfinance 247, Uber, Softcat and Kaplan Financial. In recent months space has been let to Manchester City Council which has taken 8,451 sq ft and the NHS which recently took 4,322 sq ft taking the scheme to 87% let. The landlord also offers a business centre for small businesses which is currently 94% let.
Located on the eastern fringe of Manchester city centre within close proximity to the Northern Quarter, Ancoats and Piccadilly, Universal Square also offers meeting/conference facilities, an onsite gym, café/restaurant, outdoor breakout areas and a free shuttle bus into the city centre.
Toby Nield, Associate in Cushman & Wakefield’s Office agency team in Manchester, said: “Universal Square is unique as it offers occupiers a standalone business community within easy reach of Manchester city centre. The refurbishment works have completely transformed the external appearance of the scheme. Internally the refurbished office space is now also of high quality. In the medium to long-term the surrounding area is also due to undergo vast regeneration with the HS2 terminus arriving and the redevelopment of Mayfield Depot which will further enhance its appeal.”
Charles Denby, Asset Manager at MCR Property, added: “Our ongoing investment into Universal Square has undoubtedly helped to attract a number of high profile tenants to the scheme as well as SME’s which are thriving in our small business centre. We look forward to working with our agents to market the remaining space.”