Tue, 20 Nov 2012 | COMMERCIAL PROPERTY
Hotel operator the Edwardian Group has acquired a Grade II-listed building in Manchester, the Theatre Royal.
The theatre opened in Peter Street in 1845 and is said to have been the inspiration for the exterior of London's Royal Opera House in Coven Garden.
In its time the Manchester building has been used as a cinema, nightclub and bingo hall but it has been left empty for a number of years now.
The Edwardian Group is planning to restore the building and develop it as a complementary business to its existing Radisson Blu hotel in the old Free Trade Hall next door.
Robert Morley, a director with the hotel group, commented on the purchase, noting that the group is planning to build new suites and larger conference rooms. “We are considering all sorts of options for the space and will also be in discussion with English Heritage and the city regarding how the building is developed,” he said.
Edwardian bought the unusual commercial property from an asset management firm based in the Bahamas. There had been plans to develop the property with the addition of a 48-storey tower, but these were abandoned when the market
This well-established recruitment agency in the South East offers a unique opportunity to acquire a business with a robust turnover and a strong presence in the Home Counties.
Discover a promising investment opportunity with a reputable APAR registered training and apprenticeship provider located in Lancashire.
This multi-sector apprenticeship provider specialises in engineering and holds a 'Good' rating from Ofsted, with access to diverse and expanding funding streams.
05
|
Sep
|
Administrators exploring sale after collapse of Bodycare | ADMINISTRATION
Bodycare, a high street retailer of branded health and beaut...
05
|
Sep
|
Pets Choice acquires Kennelpak brands out of administration | BUSINESS SALE
Pet food manufacturer Pets Choice has acquired a number of p...
05
|
Sep
|
PE-backed legal services group completes investment in London firm | BUSINESS SALE
Legal services group BBS Law has completed an investment in ...
Business Sale Report is the complete resource for finding genuine acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.