Manchester is a lively, vibrant city and one of the best places to live and work in the UK. The strength of the local economy, fantastic public transport, and a low cost of living make Manchester an attractive option for many businesses to rent a serviced office. Many start-ups and established companies benefit from the low rental rates for office space while enjoying the perks that Manchester has to offer.
Are you thinking about renting a serviced office in Manchester? Do you want to know why many businesses decide to set-up business in the UK’s fifth-largest city? If so, please read on to find out.
Manchester has a robust economy
The main reason to rent serviced office space in Manchester is its economy. According to official statistics, Manchester has the second-largest economy in the UK. Trends in the economy show that this will grow faster than most other UK cities. In March 2020, there were 22,850 enterprises in Manchester.
Significant investment in the primary business districts has bolstered the city’s economy. Over £1.5 billion was invested in the Spinningfields business district. Salford Quays is now a hub of media companies. And £1.4 billion is being used to regenerate Mayfield Park to create office space, residential areas, and leisure facilities. Other business areas include NOMA, MediaCity UK and Piccadilly Gardens.
Manchester has outstanding transport links
Manchester is well connected to international destinations and has a great local transport system. Beside Manchester Airport is the Manchester Business Park with high-grade office space for rent. Additionally, the airport has direct connections to North America, Europe, Asia, and the Middle East.
Companies that rent serviced offices in Manchester also benefit from an efficient public transport system. Convenient tram services help commuters quickly get around Greater Manchester and connect to the airport. There are direct services to most parts of mainland UK from the four railway stations, with London only two hours away.
However, for health-conscious workers, the great cycle routes enable cyclists to navigate the city safely.
Manchester is home to top international companies
With so much investment, it’s no wonder that Manchester is a magnet for multinational companies, entrepreneurs and independent businesses. Leased serviced office space can cost up to 40 percent less than similar offices in London—yet another reason to set up a business in Manchester.
The financial district of Spiningfields is home to giants such as Deloitte, HSBC, PwC and Barclays. Also, the BBC, ITV and other media companies have extensive facilities in the city. Additionally, Manchester is a hub for companies specialising in automation, tourism, healthcare and environmental technologies.
Choose from an incredibly talented pool of graduates
There are five universities in Manchester where over 100,000 students attend. This creates a pool of highly skilled graduates, and many decide to stay in the city after graduating.
Manchester is the cultural capital of the northeast
Apart from being a major commercial centre in northwest England, Manchester has a rich cultural history. For decades, Manchester was at the forefront of the music industry. And regularly, a diverse range of music festivals take place throughout the year. Also, two of the world’s richest football clubs play in Manchester.
Renting Serviced Office Space in Manchester — In Conclusion
Manchester has much to offer anyone looking to rent serviced office space in the city. Serviced offices in the city’s business districts are cheaper than those in cities of comparable size. There are also excellent transport links throughout the city and to mainland UK and international destinations.
Looking for serviced office space in Manchester? At Prime Office Search we’ve been helping business procure office space all over the UK for over 10 years. If your business is looking for serviced office space to rent in Manchester, please get in touch with our expert team today on 0800 433 7888 or email info@primeofficesearch.com. Our team boast over 25 years experience within the flexible workspace market and would be delighted to assist. Alternatively, you can browse all our available offices in Manchester here.
