Alliance acquired Trident with JV partner ARES in January 2015 instructing Russells in the same month to start the £7.5m speculative Grade A refurbishment of 86,000 sq. ft.
AEW were instructed to design a new entrance which combined the existing three entrances to provide a brand new statement entrance. ‘The Drum’ is home to the cafe, concierge team and meeting space and also provides two further self contained board rooms on the upper floors.
Following the success of Towers, Alliance undertook a tenant study to establish the potential for additional amenity spaces and activities as part of Alliance’s bespoke work-life balance programme. In response to the findings a purpose built gym, cycle storage, shower and changing facility was installed as well as a shuttle bus service linking with local stations, on site catering, fitness classes and further activities.
Within six-months the scheme was 100% let, however following the purchase of Quindell’s legal arm by Slater and Gordon a surrender was agreed and this space has since been relet, achieving higher rents due to demand, testament to the Alliance offer. The scheme completed in Spring 2016 and is a standout South Manchester office development, it has been revalued showing a profit on cost of 100%.
“Our relocation to Trident reflects the rapid pace of growth we’ve experienced over the past 7 years. As an innovative technology business, we were looking for an office that reflects our brand personality and the facilities offered by Trident are a perfect fit. We have some incredibly exciting plans and we’ve encouraged ideas from the whole team to create a fun, dynamic and vibrant space. We’re looking forward to a new chapter in the Avecto story as we look to significantly increase headcount again next year.”
Mark Austin, co-founder of Avecto
“We looked at a number of options in South Manchester and we were instantly attracted to Trident because of what Alliance offered both in terms of their hands on management and also the excellent on site amenities such as the gym, café and shuttle bus.”
Sue Catton at CAERUS Holdings
Trident, Manchester Airport Shortlisted for Commercial Development of the Year