Posted on: 23rd May 2023
Reading time: 9 mins
Manchester is on track to be the UK’s third fastest-growing economy. With a gross value added (GVA) of £74.85 billion, it’s the largest city economy outside of London.
A thriving hub for startups and tech companies, the Greater Manchester FinTech sector alone is now worth £1 billion. With Google, Amazon, and 2,000 other international companies based there, industry leaders maintain a commanding presence here.
It’s becoming clear that having flexible office space in Manchester is vital for any organisation looking for a presence in the northern UK. But will smaller businesses like startups find the city to be equally as inviting?
Is Manchester good for startups?
In recent years, tech businesses in Manchester have secured more than £1.8 billion in capital funding. Reports suggest that there are now over 1,600 startups in Manchester, employing around 60,000 workers combined.
From SaaS and cyber security to health tech, many tech startups are taking advantage of Manchester’s meteoric rise. However, the city’s flourishing economy, teeming talent pool, and travel infrastructure make it an ideal destination for startups in any sector.
The city is also determined to continue attracting and keeping new businesses. It offers many initiatives to support and fund new businesses, including the Greater Manchester Combined Authority’s free business support programs.
The University of Manchester also supports businesses via its Innovation Factory. By offering startups access to cutting-edge research and technology licensing, it encourages even greater growth in the city.
Explore Manchester's dynamic business districts to find the ideal office space for your startup. Each district features a unique character and caters to diverse industries and business requirements.
Discover the unique aspects of these areas and understand why they are sought-after choices for startups in Manchester.
Spinningfields, known as Manchester's Canary Wharf, is a modern and dynamic business district. With its sleek architecture and contemporary vibe, it attracts many finance and professional services companies, creating a thriving business ecosystem.
Any startups in these industries would benefit from a convenient location close to these potential partners and clients.
If you want an office space in Spinningfields, then 3 Hardman Street is worth your consideration. With 60 private offices and 12 coworking desks, it’s ready to accommodate businesses of any size.
Easily accessible, the building provides 24-hour security, underground parking, and bike storage. For those relying on public transport, these offices are just a seven-minute walk from Salford Central train station.
Additionally, Deansgate, Oxford Road, and Piccadilly train stations are all within walking distance.
Deansgate, a major thoroughfare in Manchester, is home to numerous businesses, retail establishments, and cultural attractions. Its central location and accessibility make it an appealing choice for startups seeking a dynamic and bustling business environment.
125 Deansgate presents an excellent option for startups looking to establish themselves in this thriving district.
This contemporary office space is designed with productivity in mind. It features natural sunlight and bespoke architecture to create an inspiring work environment.
Nestled among an array of coffee shops, restaurants, and retail outlets, 125 Deansgate ensures a seamless blend of work and leisure. This prime location makes it an ideal choice for growing businesses seeking to establish themselves in a vibrant community.
St Anne's Square is a historic and cultural hotspot, renowned for its beautiful architecture and charming atmosphere. The area boasts a host of mixed-use spaces, which regularly attract startups seeking a picturesque and well-connected area.
82 King Street is conveniently situated within this Manchester district. This Grade-I listed building is equipped with 48 private offices, 25 coworking desks, and three meeting rooms.
Equipped with 24-hour access, secure parking, and even an in-house sandwich bar, it’s made for daily working and hosting clients. However, its videoconferencing studio ensures any remote team members and shareholders can remain connected to your business activities.
Trafford Park, a purpose-built industrial park, is home to over 1,300 companies spread across nine million square feet of business space. Situated amongst a green and spacious environment, it is an attractive prospect for startups seeking natural light and lush workspaces.
For entrepreneurs seeking a premier rental office here, Centenary House is conveniently situated in this area. While away from the hustle and bustle of the city centre, it still provides easy access to Manchester's benefits.
If you’re looking to grow your business from this unique location, Centenary House would be an ideal choice. Combining its open-plan and naturalistic architecture with premier office facilities, any entrepreneur would be at home here.
Manchester's Central Business District is a prestigious location that caters to various businesses. These include professional services, technology, and media companies.
Its convenient location and transport links make it especially attractive to startups seeking a well-connected and high-profile business address.
For startups looking to establish themselves in this prominent area, Bow Chambers is an ideal choice.
This creative office space in Manchester boasts several break-out areas, providing ample comfortable spaces for innovation and collaboration. Situated in a members-only building, these serviced offices come with prestige and are surrounded by bars and restaurants.
The nearest tram stop is just a five-minute walk away. Manchester Piccadilly and Salford Central stations are also within walking distance, making it perfect for commuters.
Chinatown, located in Manchester's city centre, is a diverse and vibrant area with a rich cultural heritage. Its bustling streets, unique vibrancy, and authentic dining options make it an attractive location for startups seeking a lively environment.
A compelling choice for any startup business, St James Tower is available in this area. It offers 105 fully serviced offices and 31 coworking spaces with complete flexibility.
Whether you require a long-term serviced office or a collaborative space for a few hours, this versatile option has you covered. Even the meeting rooms are available to book for as long or as little as you need.
With trams and train stations just a stone's throw away, this central location offers employees exceptional accessibility. This area will also please investors, given its renowned restaurants and captivating galleries.
The Central Retail District, situated in the heart of Manchester, is a bustling area filled with popular shops, restaurants, and entertainment venues. This lively district attracts businesses looking for office space in a dynamic and accessible location that will keep employees and clients engaged.
Embedded in this diverse district, Peter House stands out as an enticing option.
As Manchester's oldest post-war modern building, it houses 252 private offices and offers a warm and creative atmosphere. The grand entrance and business lounge-style breakout areas are sure to impress employees and clients alike.
Salford Quay is a waterfront area that has experienced significant regeneration in recent years. It is now a thriving hub for media, digital, and creative industries, attracted by the presence of the BBC's Media City.
Startups in these industries will soon find themselves immersed in this innovative ecosystem.
Located at the heart of this vibrant media hub, the Digital World Centre neighbours the BBC’s renowned Media City. With 64 private offices, three meeting rooms, and a 100-seat auditorium on site, it offers an unparalleled amount of space to collaborate.
With its state-of-the-art facilities and inspiring atmosphere, the Digital World Centre offers an exceptional environment for growth. Paired with its proximity to industry leaders, this is an ideal location for startups looking to grow in the media and creative sectors.
If you’re looking to grow your startup, our fully serviced offices in Manchester are poised to accommodate your unique needs.
With Regus, you can find private office space on short or long-term agreements. You can even hire private offices, meeting rooms or coworking spaces by the hour or the day.
Want to know more about how we can help with hybrid working? Give us a call.
We’ll get you set up straight away.