Asset Management of creative hub office building in well located position next to the main Manchester train terminal Piccadilly.


  • Aeroworks, Adair St, Manchester


  • 35,000 sqft


  • Acquired a multi-let, part vacant warehouse office building in edge or core location
  • Achieved vacant possession through negotiation to allow for refurbishment
  • Comprehensive refurbishment of the building, all new services throughout to provide Grade A- contemporary fully airconditioned offices to allow for single occupation HQ building


  • Rent Passing at Acquisition: £314,000pa
  • Current Rent Passing: £516,000pa
  • Single let to On the Beach PLC FTSE 250 business
  • 10 year lease term certain FRI lease with open market review in year 5
  • Original features and character retained within refurbishment

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