Velvet Hotel in Manchester city centre sold through Christie & Co

News
23/08/2017


Velvet, located on the vibrant Canal Street in the heart of Manchester city centre, has been sold through specialist business property adviser, Christie & Co.


Award-winning

Once co-owned by the well-loved Mark Cain, who was widely credited with helping to earn the gay village a national reputation, Velvet is an award-winning independent boutique hotel, bar and restaurant.

Situated just a 5-minute walk from Piccadilly Train Station and a 10-minute walk from the diverse Northern Quarter, Mark’s wife Sue carried on his good work in his unfortunate absence.


Fantastic location

Set amidst a hub of activity, Velvet is a prime catch for canal-side dining, drinking and accommodation in the form of 19 individually and stunningly designed bedrooms.

Each room and suite is luxuriously and indulgingly furnished all in keeping with the style and contemporary nature of the hotel.

The four-star rated rooms, including three Penthouse Suites, have been individually decorated with Venetian, Spanish, Moroccan and Oriental inspired rooms and balconies overlooking the legendary Canal.


Luxury hotel

The sumptuous displays of luxury continues through to the bar and restaurant areas with an inclusive, relaxed ambience owing to its huge success.

Attracting a mixed clientele of locals and visitors to the city, there is a unique and inviting atmosphere with al fresco, canal-side dining available and an unusual glass fish tank incorporated into the entrance stairs to the stylish cocktail bar.


Ryan Lynn, Associate Director at Christie & Co who handled the sale comments,

“We were very happy to have the opportunity to work with Sue Cain and her dedicated team.

Through our many contacts and the strength of the market we were able to generate strong levels of interest in the hotel and ended up with a deal to a local, multiple operator who we have worked with previously.

We wish Sue the best of luck with her next venture and the buyer every success with the hotel.”


https://www.christie.com/