First Pre-Let For Forty Four Peter Street
30th Jun 2006
Magnus has pre-let the Ground Floor of Forty Four Peter Street, Manchester to Dubai's largest private real estate developer Damac Properties (UK) Limited. The accommodation, which comprises 2,250 sq ft, has been taken on a 10 year lease at a rental of £20 per sq ft.
Magnus acquired the unoccupied building in January of this year and is currently carrying out major remodelling works, which will transform the reception and exterior of the building as well as giving the interior a facelift throughout to provide 25,290 sq ft of Grade A office accommodation over ground and seven upper floors with secure basement car parking. The works will be completed in July.
Forty Four Peter Street is well located within the heart of Manchester's vibrant office core, adjacent to the new Radisson Edwardian Hotel, and with neighbours who include GMEX and the sucessful Spinningfields development, providing a complimentary mix of residential, office, leisure and retail use.
Vicki Crompton of Magnus said "Forty Four Peter Street has been vacant for some tme so we are particularly delighted that our changes are attracting such a high level of enquiries and generating further interest in the suites, which are available from 1,200 sq ft."
