Boutique hotel to form part of £30 million development at Manchester’s Corn Exchange

UK: Hotel operators have been invited to express interest in a boutique hotel project at Manchester’s Grade II listed Corn Exchange.

UK: Hotel operators have been invited to express interest in a boutique hotel project at Manchester’s Grade II listed Corn Exchange.

The building’s owners, Aviva Investors, are planning a £30 million leisure redevelopment programme, which will include 13 new independent restaurants joining the four already there. An 86-room hotel will be a key part of the redevelopment. It will feature a double height lobby and exposed Edwardian features, a breakfast room and lounge overlooking Exchange Square.

Owner Aviva Investors and development manager Queensberry Real Estate are inviting interested operators to express interest in the hotel opportunity, and have appointed leasing agents Jenics to manage enquiries.

Simon Green, asset manager at Aviva Investors said: “We are committed to the full redevelopment of this remarkable building. The vision is to create a new legacy destination for the city that will cement its future fortunes and act as a catalyst for an even more exciting regeneration of this part of the city centre.”

“The listed nature and subsequent planned layout of the building actually means that there will be an opportunity to create some large, yet interesting, voluminous bedrooms – a really unique and stylish destination. Our research also tells us that even with the combined planned hotel openings, Manchester is still identified as having a shortage of such an offer, this could be a very exciting opportunity for the right partner and we’re very interested to start discussions with interested parties,” he added.

Interested parties should contact Jeremy Collins at Jenics on 0161 8322201.

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