How Much Does it Cost to Rent Office Space in Manchester?
Compare prices on office space and coworking desks across Manchester.
Manchester Office Price Summary - Q1, 2024
As the second largest city in the UK, Greater Manchester including Bolton, Bury, and Rochdale to the North and Stockport to the South has a range of options for businesses looking for flexible office solutions. While supply in areas outside of Manchester is still somewhat limited you'll find a wide range of office sizes and styles with great amenities right across the budget spectrum. Like most large cities, the majority of the flexible offices are located in the city centre, primarily in Deansgate with a great selection just outside the city limits in Old Trafford.
Traditionally, prices for serviced offices in Manchester have been almost half the cost of offices in Central London. Like London, desk rates and supply in Manchester were impacted by the pandemic with the median price across Greater Manchester dropping 4% to £360 in the most recent quarter, while the available number of offices and square footage dropped 18% to 244,350 sq. ft. for the same period.
The charts above highlight the median price of office space per person per month and the vacant flexible office space in sq.ft. across the UK to March 31, 2024. Source: Rubberdesk real-time availability.
As we move into Q2, we expect that prices to slowly rise now that some of the excess inventory has rented and demand continues to grow. However, there should still be be great deals on offer such as free rent for 1-3 months for those businesses willing to commit to longer terms of 1 year or more.
Greater Manchester Flexible Office Space
| Median Office Rate Per Person | Median Coworking Desk Rate | Flex Floorspace Available (sq. ft.) | Available Desk Capacity |
|---|---|---|---|
| £360 | £200 | 244,350 | 4,887 |
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Price by Location
By location, the median rates across Greater Manchester range from £175 in Bury to £525 in Rochdale with median monthly prices in Manchester City from £380 per person
Price by Office Size
When considering the cost of a serviced office, it's important to know that prices vary by a range of factors including location and the size of the office. Larger offices tend to cost a bit more as they may include private meeting rooms, extra amenities as well as a private entrance. Median rates in Greater Manchester vary for example from £342 per desk for a 5-10 person office to £458 per desk for a 50+ person office.
Office Capacity by Floorspace and Size
When it comes to the makeup of offices in each area, you'll find greater options for various-size teams in Manchester City, Old Trafford, and Salford compared to Bury, Rochdale, and Stockport.
Offices for smaller teams under 15 people make up 71% of all available offices in Greater Manchester. Though offices for larger teams of 50-plus people are limited they do represent a considerable portion of the available floorspace in Manchester as they often include private meeting rooms and additional amenities.
Manchester Serviced Office Operators
Like many costs in business, office space comes in many different varieties often defined by location, quality of the building and amenities. In Greater Manchester, Landmark, Hana and WeWork lead the top end at a median price of over £486 per desk while Use Space, Regus and Citibase provide great value for those on a tighter budget for less than £320 per desk per month.
Comparing one operator to the other is not always easy on price alone as most operators have their own vibe, style & fit-outs that differentiate them from others. Thus we often recommend that businesses tour a number of spaces to get a good sense of the overall style rather than selecting on price alone. WeWork vs Regus for example often have very different styles. While WeWork's office style is often described as casual and relaxed, better for startups and digital professionals, Regus (IWG) is professional and corporate, better suited for legal, financial and corporate professionals.
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What does it the Cost to Rent Flexible Office Space in Manchester?
With the exception of Rochdale, median prices for office space outside of Manchester City are typically cheaper than those found inside the city centre with Salford and Old Trafford providing great value for those wishing to be located close to the city. For offices slightly less expensive, Bolton, Bury, and Stockport all provide good value.
| City | 1-4 Desks | 5-10 Desks | 11-15 Desks | 16-25 Desks | 26-50 Desks | 50+ Desks |
|---|---|---|---|---|---|---|
| Manchester City | £390 | £360 | £380 | £375 | £417 | £522 |
| Old Trafford | £251 | £310 | £150 | £86 | £73 | £125 |
| Salford | £250 | £250 | £325 | £250 | £250 | £250 |
| Bolton | £187 | £245 | £230 | |||
| Bury | £175 | £175 | £175 | |||
| Rochdale | £185 | £525 | £525 |
Source Rubberdesk. All prices shown exclude discounts and offers. Talk to us about the latest offers available.
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Frequently Asked Questions
How much does it cost to rent office space in Manchester City?
As of March 31, 2024, the median price for a desk in a Manchester office space is £360 per person per month.
How much does it cost to rent a coworking desk in Manchester City?
The median cost to rent a Manchester coworking desk is currently £200 per person (as of March 31, 2024).
Author: Tom Petryshen, VP, Growth & Analytics
Updated: April 22, 2024
Our Office Price Guides
- Manchester Office Price Guide
- UK Office Space Price Guide
- City of London Office Space Price Guide
- Central London Office Space Price Guide
- East London Office Space Price Guide
- West London Office Space Price Guide
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- Scotland Office Space Price Guide
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- Find the Perfect Office in Manchester
- Top 10 Venues to Bring the Team Together in Manchester
- Manchester's Top 7 Serviced Offices Perfect for Teams of All Sizes
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