Piccadilly Gardens is a major commercial hub in the heart of Manchester, England. The area is home to a wide variety of businesses, from small startups to large corporations, and it offers excellent access to public transportation, making it a convenient place to do business.
In recent years, there has been a significant investment in Piccadilly Gardens, with new office buildings, hotels, and retail spaces being built. This has helped to create a more dynamic and attractive environment for businesses, and has led to an increase in demand for commercial real estate in the area.
Currently, there is a wide range of commercial properties available for rent or sale in Piccadilly Gardens, including office space, retail space, and mixed-use space. Rental rates vary depending on the size and location of the property, but they are generally higher than in other parts of Manchester.
Here are some of the key benefits of investing in commercial real estate in Piccadilly Gardens:
• Excellent access to public transportation: Piccadilly Gardens is located just steps away from Piccadilly Station, which provides direct access to Manchester Airport, London, and other major cities in the UK. The area is also served by a number of bus and tram lines, making it easy for employees and customers to get around.
• Vibrant and diverse community: Piccadilly Gardens is home to a diverse mix of businesses and residents, creating a vibrant and exciting environment. The area is also home to a number of cultural attractions, such as the Manchester Art Gallery and the Palace Theatre, making it a desirable place to live and work.
• Strong demand for commercial space: The demand for commercial space in Piccadilly Gardens is strong, due to the area’s central location and excellent transport links. This means that there is a good chance of finding a tenant for your property, and that you can expect to achieve a good rental yield.
• High rental yields: Rental yields in Piccadilly Gardens are typically higher than in other parts of Manchester, making it a good investment for landlords. The average rental yield for office space in Piccadilly Gardens is around 5%, and the average rental yield for retail space is around 6%.
If you are looking for a commercial property in Manchester, Piccadilly Gardens is a great option. The area offers excellent access to amenities, transportation, and talent, making it a desirable place to do business.
Here are some of the specific commercial properties that are currently available for rent or sale in Piccadilly Gardens:
• A 5,000 square foot office space in a modern office building with excellent views of the city.
• A 10,000 square foot retail space in a prime location on Piccadilly Gardens.
• A mixed-use space that could be used for office, retail, or residential purposes.
If you are interested in learning more about any of these properties, or about the commercial real estate market in Piccadilly Gardens, please contact me today. I would be happy to help you find the right property for your needs.
I hope this article has provided you with more information about the commercial real estate market in Piccadilly Gardens. If you have any further questions, please do not hesitate to contact me.