We are delighted to announce our latest property acquisition in Manchester city centre—a truly unique and historic space on the prominent corner of Princess Street and Whitworth Street. This isn’t just another property; it’s a former bank, a building with character and a story to tell, now poised for a new chapter. With nearly 2,000 square feet of magnificent internal space, we believe this presents an exceptional opportunity for a visionary business to make its mark in one of Manchester’s most dynamic and sought-after locations.
A Strategic Position at the Crossroads of Manchester
The property’s location is its greatest asset. Situated on the corner of Princess Street, a key thoroughfare connecting the business district with the vibrant ‘Knowledge Corridor’ of the city’s universities, and Whitworth Street, known for its historic warehouses and bustling leisure scene, the building benefits from a constant and diverse flow of foot traffic. This is a location where professionals, students, and tourists all converge.
The immediate area is a melting pot of culture, commerce, and creativity. It is just a stone’s throw from some of Manchester’s most iconic landmarks, including the historic Whitworth Street Conservation Area, the bustling Chinatown, and a number of high-end hotels. This concentration of amenities makes it a prime spot for a new business to thrive. The area is also undergoing significant regeneration, with new residential and commercial developments continuously adding to the population density and economic activity, creating a vibrant ecosystem for new ventures.
The Investment Potential: A Blank Canvas for a Bold Vision
The former bank building offers a majestic, near-2,000 sq ft blank canvas, making it an ideal space for a flagship restaurant, a unique retail concept, or a sophisticated new business headquarters.
- For Restaurants: The spacious layout and prominent dual frontage on both Princess Street and Whitworth Street provide the perfect foundation for a high-end dining establishment. The surrounding area has a high concentration of professionals and residents with an increasingly affluent demographic, as well as being close to a number of major hotels. Recent trends in Manchester’s food and beverage scene show a strong appetite for independent and high-quality concepts, with a number of London and international brands choosing Manchester for their first regional ventures. This property is perfectly positioned to cater to this growing demand.
- For New and Existing Businesses: The building’s historic character, combined with its strategic location, offers an opportunity to create a standout presence in the city. The large windows and significant street presence ensure maximum visibility, while the flexible internal space can be configured to suit a multitude of purposes, from an innovative retail showroom to a modern, collaborative office space.
Our investment in this property reflects our belief in the power of location and the continued growth of Manchester as a world-class city. We are excited to see the next chapter for this remarkable space and are confident that it will prove to be a fantastic long-term investment, bringing a new landmark business to the heart of the city.
