Leading corporate travel business, Co-operative Travel Management, has relocated from Altrincham into Manchester City Centre, taking a 10 year lease on a 10,000 sq ft office suite within Helical Bar’s Churchgate building on Oxford Street. Co-operative Travel Management was advised by CBRE.
Helical Bar acquired the Grade II Listed Churchgate & Lee buildings earlier this year and undertook a comprehensive refurbishment and remodeling programme. The historic buildings provide a combined 250,000 sq ft of office accommodation with available suites ranging from 5,000 sq ft up to 20,000 sq ft at rents between £14.50 and £16.50 per sq ft. Churchgate’s new reception, which links through to the courtyard and offers unrivalled City Centre meeting and breakout space, was launched in May by Sir Howard Bernstein.
Following the refurbishment, existing occupiers Countrywide and Economic Solutions, committed to Churchgate for 7 and 10 years respectively.
Kirsty Littleford, Associate Director of Office Agency at CBRE’s Manchester office, comments;
“Co-operative Travel Management decided to move to Manchester City Centre due to its transport links, amenities and its reach to a larger labour pool. After an extensive search of properties, the firm decided on Churchgate which offers some of the largest floor-plates in the city and the impressive new reception provides the right level of presence for both occupiers and visitors.”
Co-operative Travel Management was acquired by Saudi Arabian business Al Tayyar in May this year.
Patrick McDonagh, CEO of Co-operative Travel Management, commented;
“Moving back to the city centre is a key part of our plans to grow our business. Manchester offers access to a rich pool of talent, ensuring we recruit and retain the best. Churchgate house promises to be a great location from which to do this.”
CBRE and OBI Property acted for Helical Bar.
