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News Release

Manchester

Joint agents appointed to market 100,000 Sq Ft TalkTalk offices in the North West


Manchester, 7 October 2015- Commercial property agents, JLL and Canning O’Neill have been instructed to dispose of over 100,000 sq ft office space. The news comes after TalkTalk announced in June that it is to consolidate its North West operations by relocating from the two buildings to Soapworks in Salford Quays in early 2017.

Stanford House in Birchwood, Warrington and Northbank House in Irlam, which measure 54,793 sq ft and 48,417 sq ft respectively, are being marketed on a leasehold basis. Both buildings are built to a high specification and the fit outs include fully equipped restaurants and gyms as well as very efficient and cabled office accommodation, with back-up power, which could represent significant fit-out savings for any ingoing occupier. In addition, the schemes offer virtually unrivalled allocations of car parking spaces.

Speaking about the schemes, Chris Mulcahy, director, office agency of JLL, who advised Carlyle Group on the TalkTalk deal at Soapworks with Canning O’Neill, said: “The out-of-town office markets are currently performing well with activity and take-up being above the 10-year average. This, coupled with the fact that there is a limited number of opportunities to acquire buildings of around 50,000 sq ft in the out of town office markets, means that both buildings are attractive letting propositions and should compete well in the both the regional and local markets.”

Mark Canning, director of Canning O’Neill, added: ““At Stanford House, planning consent has previously been granted for an additional office building of 45,000 sq ft on the site, which could take the total square footage to just under 100,000 sq ft – an opportunity that may prove to be of interest to businesses which are looking to expand in the future.”