Two iconic Manchester boutique hotels on the market with Christie & Co

Images: Velvet Hotel, Forty Seven.

Located on the city's famous Canal Street, Velvet Hotel, Bar & Brasserie is a landmark freehold boutique hotel comprising 36 individually designed en suite bedrooms, alongside its well-established bar operation. First established as a hotel in 2009 and significantly extended and refurbished in 2022, the property has built a strong reputation as one of Manchester's leading independent hospitality businesses. The restaurant is not currently in operation however interest and offers have been received by the owner from independent local operators to lease the space.

The hotel occupies a prime position within Manchester's vibrant canal-side leisure district, just a short walk from Piccadilly Station, and benefits from a loyal customer base, strong trading history and a distinctive luxury offering.

Also available is Forty Seven Hotel, a luxury boutique hotel situated on Peter Street in Manchester city centre. Opened in 2023 following a major redevelopment, the Grade II listed property features 32 high-quality guest bedrooms and suites, together with the renowned Tyga Bar & Restaurant, which is operated under lease and provides additional rental income.

Occupying a prominent central location close to St Peter's Square, the property combines heritage architecture with contemporary design and provides an opportunity to acquire one of Manchester's newest upscale boutique hotel offerings.

Tom O’Malley, Director – Hotels at Christie & Co, commented, “The opportunity to acquire established hotels of this quality in Manchester city centre is exceptionally rare. Both Velvet Hotel and Forty Seven Hotel are highly distinctive assets operating in prime locations and we expect them to appeal to a broad range of investors, operators and hospitality groups seeking exposure to one of the UK's most dynamic hotel markets.

"Manchester continues to attract significant levels of business and leisure demand, supported by major investment, regeneration and year-round events. These properties offer buyers the chance to acquire two recognised hospitality businesses with strong trading fundamentals and considerable future potential."

Both hotels are available individually, with an asking price of £9,000,000 each.

For more information, visit:

Velvet Hotel: https://www.christie.com/5646854/

Forty Seven: https://www.christie.com/5646855/

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