Christie & Co announces call for initial non-binding offers for hotel investment opportunity next to Manchester Airport
Specialist business property adviser Christie & Co has announced a call for initial non-binding offers for the hotel trading as ‘DoubleTree by Hilton Manchester Airport’, due to high levels of interest.
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Located just off the M56 motorway and within a few minutes’ walking distance from the UK’s third-largest airport, the highly profitable hotel is situated just 10 miles from Manchester city centre.
The hotel features 230 ensuite bedrooms, ranging from twin and family rooms to deluxe rooms and junior suites. There are 11 extensive function and meeting room facilities to cater for corporate guests as well as private events, Mason’s Bar and Restaurant which serves breakfast, lunch and dinner, and there are also 24/7 fitness facilities for guests.
The hotel has a 260-space car park and offers a range of asset management opportunities, not least the possibility of developing additional bedrooms (subject to planning and all other necessary consents).
Craig Millward, Director – Corporate Hotels at Christie & Co, said: “This is an excellent opportunity to acquire an asset that is well-located and hugely cash generative. There has been strong interest from established owners and operators of hotels in the UK, funds as well as from new entrants to the market. We expect there to be competitive bidding to secure this asset.”
The deadline for offers is Friday 29th November at midday (12:00PM GMT). Offers should be made to Craig Millward at craig.millward@christie.com.
For further information on this press release, contact:
Jasmine Davis, Corporate Communications Manager
P: +44 7561 115179
E: jasmine.davis@christie.com
Contact the brokerage team:
Jeremy Jones, Head of Brokerage - Hotels
P: +44 7764 241 284 or E: Jeremy.jones@christie.com
Craig Millward, Director – Corporate Hotels
P: +44 7791 174 781 or E: craig.millward@christie.com
Elton Chang, Associate Director - Hotels
P: +44 7548 705 374 or E: Elton.chang@christie.com
Anastasia Cooper, Analyst – Hotel Brokerage
P: +44 7561 114 981or E: Anastasia.cooper@christie.com
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