2:57:17 17/05/12
23rd Oct 2008
Magnus, The Cheshire-based property development and investment company, has secured the first office tenant for its Nineteen Spring Gardens office building in Manchester.
Lockton, an independent insurance broker, is relocating from its current office premises at Hanover House, having agreed to take the sixth floor of the building, which totals 5,300 sq ft, on a 15-year lease at £25 per sq ft.
Nineteen Spring Gardens is also home to Trevor Sorbie, which opened its first Manchester salon on the ground floor of the building having taken 2,700 sq ft on a 15-year lease.
Magnus is currently carrying out a £2.5m refurbishment of the 38,000 sq ft building, which is set to provide Grade A office accommodation and 5,000 sq ft of retail at street level.
Vicki Crompton, new business director of Magnus, said: "We have worked very closely with Lockton over the last year to tailor a deal and premises to meet their immediate demands and their expansion plans over the next five years. We are also pleased to welcome Trevor Sorbie to the building."
