Call issued for initial non-binding offers for key airport hotel site

A call for offers for a Manchester Airport hotel has been made by specialist business property adviser, Christie & Co.
The company was instructed in early October to market the DoubleTree by Hilton Manchester Airport.
It has today (November 21) invited initial non-binding offers for the property.
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 midday on Friday, November 29.