Holiday Inn Express Oxford Road acquired

The Holiday Inn Express on Oxford Road has been sold to a Singaporean property invesetment firm. The deal between Heeton and the sellers, Manchester Property Holdings Ltd, was handled by Lambert Smith Hampton.


Situated between the Palace Theatre and Manchester Metropolitan University, the twelve-storey hotel has 147 bedrooms extending across 61 sq ft and currently trades at over 80% occupancy.


On behalf of MHPL, Alastair Cattrell said:


“The sale is a strategic disposal capitalizing on the current buoyant market, which will allow us to focus on our other hotel projects.”

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