How Much Does it Cost to Rent Office Space in Manchester?

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

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 style with great amenities right across the budget spectrum. Like most large cities, majority of the flexible offices are located in the city centre, primarily in Deansgate with 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, Manchester, prices and supply have been impacted by the pandemic with the median price across Greater Manchester dropping 13% from £429 in May 2020 to £373 per person this past quarter while the available number of offices and square footage has increased from 120,000 sq. ft. to 203,800 sq. ft. for the same period.

Charts: Median Price and Vacancy for Flexible Offices in Manchester - May 2020 to June 2022
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 June 2022. Source: Rubberdesk real-time availability.

As we move into the second half of 2022, we expect that prices will remain flat until some of the excess inventory is rented and as long as supply outweighs demand, there will 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.

Manchester Flexible Office Space

Median Office Rate Per Person Median Coworking Desk Rate Flex Floorspace Available (sq. ft.) Available Desk Capacity
£373.00 £225.00 203,800 4,076

Price by Office Size

When considering the cost of a serviced officed, 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 £350 per desk for a 5-10 person office to £427 per desk for a 50+ person office.

Chart: Median Price and Vacancy for Flexible Offices in Manchester - May 2020 to June 2022

Price by Location

By location, the median rates across Greater Manchester range from £175 in Bury to £440 in Rochdale with median monthly prices in Manchester from £350 per person

Median Monthly Rate by District in Manchester - June 28, 2022

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 and supply in Manchester City, Old Trafford and Salford compared to Bury, Rochdale and Stockport.

Offices for smaller teams under 15 people make up 70% 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 Office Capacity by Floorspace and Office Listings - June 28, 2022

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 £455 per desk while Citibase and Bizspace provide great value for those on a tighter budget at below £157 per desk per month.

Comparing one operator to the other is not always easy on price alone as most operator's have their own vibe, style & fitouts 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 then 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.

Manchester Flexible Office  Space Price by Host - June 28, 2022

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 is 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 centre. 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 £381 £360 £400 £395 £380 £427
Old Trafford £251 £181 £222 £124 £133
Salford £250 £225 £250 £250 £250
Bolton £223 £245 £230
Bury £175 £175 £175
Rochdale £355 £525 £525
Stockport £300

Source Rubberdesk. All prices shown exclude discounts and offers. Talk to us about the latest offers available.

Frequently Asked Questions

How much does it cost to rent office space in Manchester City?

As of June 28, 2022, the median price for office space in Manchester City is £373 per person per month.

How much does it cost to rent a coworking desk in Manchester City?

The median cost to rent a coworking or hotdesk in Manchester City is currently £225 per person (as of June 28, 2022).

Our Office Price Guides

Related Articles about Manchester

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