Crewe Arms hotel fetches £1m

THE Crewe Arms Hotel in Crewe, which once hosted Queen Victoria, has been acquired by property investor Silverton Global for around £1m.

The three-star freehold hotel opposite the railway station has been sold by Harpreet Singh, who has owned the property since 2008.

It has 61 en-suite bedrooms, a restaurant, lounge and bar, seven meeting and conference rooms and a contract car park with 120 spaces.

It was built in the first half of the 19th Century and extended in the second half and is one of the few surviving buildings of Crewe’s so-called new town of that time.

Isle of Man-based Silverton plans to continue to operate the venue as a hotel and promises to carry out a major refurbishment programme.

Neil Thomson, an associate director in the hotels team at Colliers in Manchester who handled the sale, said: “Interest was expressed by a number of hotel operators and potential buyers proposing alternative usage. The hotel was finally acquired by the expanding property development company Silverton Global which intends to refurbish the building to return to its former glory.”