Legal & General Property (LGP), represented by Savills, has let restaurant space at One Piccadilly Gardens in Manchester to Wrap It Up!

The expanding fast food operator, which has 12 branches in London, has agreed a new 10-year lease for a 875 sq ft (81 sq m) ground floor unit and will pay a rent of £26,500 per annum.  The restaurant will be the second Wrap It Up! in Manchester, following the success of the first on Deansgate. 

The landmark One Piccadilly Gardens building overlooks Piccadilly Gardens Transport Interchange and was acquired by LGP’s Managed Property Fund in 2014.  Since purchase, LGP has made significant improvements to the retail frontage of the building, bolstering the tenant-mix and enhancing the unit spaces.  Other recent lettings include Ask and Byron Burger, as well as Pret a Manger which upsized to a larger unit.

Mark Russell, senior fund manager at Legal & General Property, comments: “We are extremely pleased that Wrap It Up! has chosen One Piccadilly Gardens for its second site in Manchester, further enhancing the variety of food choices on offer at the scheme and supporting our wider improvement plans.  The location benefits from a high footfall of office workers, commuters and shoppers, making it ideal for this type of healthy fast food offer.”