There is a lack of new-build office developments in the pipeline for the city of Manchester. This is causing the supply of traditional leased workspace to fall and businesses to look for alternatives.

The Deloitte Manchester Crane Survey 2024 shows that just 381,000 sqft of new office space of all types was delivered in the city last year. That’s just over half as much as in 2022.

What’s more, of the space scheduled to complete this year, almost 40% is pre-let. That means businesses looking for leased office space in Manchester won’t even have the full range of new buildings to look at when they come online.

They need other options, and the 200,000 sqft of new flexspace in the pipeline this year looks like the answer.

For businesses of all shapes and sizes, the party in Manchester is with flexible workspace.

Manchester flexible office space taking pole position

Businesses in Manchester are becoming more aware of the benefits of renting flexible office space over traditional leased offices.

Landlords are responding to that interest and providing higher levels of amenity, flexible spaces, better terms and much more by trusting flex space operators to run their buildings.

Whether you’re a 10-person start-up or a huge enterprise with hundreds of employees, Manchester’s flex space market will have something that will accommodate your requirements.

As the city’s flexspace boom continues, businesses like yours will benefit.

Understanding the market

The key to finding the right flex space is understanding how it works, what the benefits are and how they apply to your business.

You can rent a flexible workspace in Manchester that gives you access to gyms, cafes, meeting rooms, collaboration spaces, yoga studios and more.

Even better, you can do it by spending less than a traditional leased space. With a flex space, you only pay for the desks you use and can add more as you need them – all without being tied in for the long-term.

This is the opposite of a leased office where you take a set sqft and you pay for all of it even if you’re not using it. There’s also no flexibility in terms and the contracts are often very long.

How much does it cost to move office?

The first step with any office move is to workout how much it will cost. Once you have considered the hidden costs of movingto a new office, you can use our office space calculator to get a rough idea before booking a discovery call with our experts to find out exactly what’s on offer in Manchester right now.