Fallowfield hotel among Eddisons’ auction lots
A HOTEL in Fallowfield, Manchester is among 56 lots at Eddisons’ last North West auction of the year.
The 34-bed Wilmslow Hotel, in Manchester’s student heartland, has a guide price of £950,000.
There is also the vacant 20-bed Chimes Hotel on Blackpool seafront guided at £125,000.
Elsewhere, the Surfer’s Paradise Bar on King Street in Wigan is being offered at a guide price of £300,000, and a part-tenanted mixed-use investment in town’s Market Street, producing annual income of £8,400, has a guide of £140,000.
Commercial stock includes Global House on the Adlington Business and Industrial Park in Cheshire. The part-tenanted property is being offered at a guide price of £150,000.
Tony Webber of Eddisons said: “We have assembled an excellent catalogue to finish the year, which presents a variety of buying opportunities for investors, developers and owner occupiers.
“There has been a notable improvement in market sentiment in the second half of 2013, with our October auction producing some of our strongest results so far this year. We have every reason to believe the December sale will continue this upward trend.”
The Manchester sale takes place at The Premier Inn, Trafford Park Manchester on December 3, starting at 12.30pm.
