This substantial hotel property presents a unique investment opportunity, ideally positioned near Manchester city centre and key local landmarks such as Salford Quays and the University of Salford. Comprising 25 en-suite bedrooms across three floors, the hotel boasts a blend of double, twin, and family accommodations. While extensive refurbishment has been undertaken, with most rooms completed, a few remain available for final touches, allowing for a quick operational restart or further enhancement by a new owner.
The property has historically demonstrated strong revenue performance, averaging around £34,000 per month. Additionally, there is notable interest from food and beverage operators keen to lease space within the hotel, introducing potential for added income through bar or café facilities. The expansive cellars present an excellent opportunity for conversion into additional amenities like a gym or storage space.
Beyond its current use as a hotel, this property holds significant potential for alternative applications such as serviced accommodation or co-living spaces and could even be reimagined as student housing or residential units—subject to the appropriate planning permissions. Its flexible layout and prime location make it attractive to investors exploring multiple income avenues.
With high demand in the area coupled with ongoing regeneration initiatives, this property stands out as a valuable asset for those looking at long-term investment opportunities in one of Greater Manchester’s rapidly developing locales.
