Impax Asset Management is thought to be selling the 100,000 sq ft building located in Manchester’s business district to Aviva Investors for around £55m.

Floors three to eight are occupied by Lloyds Banking Group, Aon and Aldermore Bank; floors one and two, comprising around 23,000 sq ft of space, are vacant; and the ground-floor retail tenants are beer café Beermoth, fashion retailer Hervia and salon House of Evelyn.