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25 June 2007
Countryside Properties and joint venture partner Liberty Property Trust have completed and launched iCO 1, the first office phase at iCO Business Community, Didsbury Point, South Manchester.
iCO 1 provides some 5122 sq m (55,130 sq. ft.) net accommodation on four floors together with 176 car parking spaces fronting Princess Road, the main route between Manchester City Centre and Manchester Airport. The building, which is set in an attractive landscaped setting, is fully air conditioned with a BREEAM rating of "Very Good" and features a spectacular triple height reception.
iCO Business Community is part of the wider redevelopment of the 32 acre former Withington Hospital site, where, in addition to the commercial element, Countryside Properties have already developed some 375 contemporary homes, together with a new urban park. The Business Community has planning consent for some 22100 sq m (238,125 sq ft) net of office accommodation together with The Point, a new mixed-use amenity centre providing on-site retail and restaurant facilities.
Andrew Carrington, Director of Countryside Properties says "iCO 1 at Didsbury Point is the first speculative HQ office building to be developed in South Manchester for some time. Whilst the South Manchester market has been over supplied, the truth is there are now very few opportunities for companies seeking larger headquarters buildings of this quality and specification. Unlike many anonymous business parks, iCO Business Community is a mid-urban scheme, forming part of a wider mixed-use development with excellent communications and the full range of local facilities. As such, it constitutes a real alternative to Manchester City Centre."
iCO Business Community is being marketed by joint agents Edwards & Company and Jones Lang LaSalle who are offering a wide range of freehold and leasehold options on iCO 1 and the other phases which will also include smaller freehold self contained office buildings. The quoting rent at iCO 1 is £22 psf (£234 psm).
For further information, please contact either Edwards and Company on 0161 833 9991 or Jones Lang LaSalle on 0161 828 6440 or visit www.ico-office.com
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Information correct as at 05/09/2007