The Lowry Hotel
- Property Details
Property Details [ – ]
|Number of Guest Rooms||165|
|Number of F&B Outlets||Two outlets comprising The River Restaurant and Lowry Lounge and Bar|
|Banquet/Conference/Meeting facilities||Eight purpose-built meeting rooms for private events or business conferences and a grand ballroom for up to 300 people|
|Other facilities||A spa comprising a gym, eight treatment rooms and a hair salon|
|Car park facilities||88 car park lots|
|Land area||~2,200 sq m|
|Title||150-year leasehold interest commencing 18 March 1997|
|Purchase price at 4 May 2017||£52.5 million (1)|
|Valuation (2) as at 31 December 2021||£48.2 million|
|Vacant Possession||Owner-operated, free of operator or brand|
- (1)The purchase price of £52.5 million refers to the price of the property and excludes the adjustment for net working capital
- (2)The property was valued by CBRE Hotels Limited using the Discounted Cash Flow approach.
- (3)Based on the average exchange rate of £1.00 = S$1.8465.
50 Dearmans Place, Salford, Manchester M3 5LH
~2,200 sq m
The Lowry Hotel is an iconic 5-star luxury hotel which offers 165 rooms and a comprehensive suite of facilities and is located in proximity to the heart of Manchester city centre. It is also within close vicinity of top office developments such as Spinningfields and prominent retail establishments such as the Arndale Shopping Centre (one of the busiest retail malls in the UK). Key entertainment hubs such as the Royal Theatre Exchange, Manchester Opera House and Manchester Arena are all within close walking range of the hotel.
The Lowry Hotel is also well-known throughout the United Kingdom and since its opening in 2001, the hotel has hosted many notable celebrities, prominent foreign dignitaries, sports stars as well as prestigious football teams.
In keeping up with efforts to enhance The Lowry Hotel's position as one of the top hotels in Manchester, the hotel has undergone a significant amount of renovation works between 2018 and 2022 including refurbishment of the hotel lobby, a full refurbishment of the River Bar (now known as Lowry Lounge and Bar) and River Restaurant, and an extensive refurbishment of all 165 bedrooms and suites within the hotel.
The River Restaurant is a fine dining restaurant specialising in the very best of British cuisine and has received the prestigious two-AA-Rosette award for the fourth consecutive year.
Notable accolades include:
- The AA Rosette Award (2018 – 2022) – The River Restaurant (Two Rosettes)
- Manchester's Finest 2018 – Best Restaurant in Manchester
- Eat, Sleep and Drinks Awards 2017 – Best Hotel Restaurant in Manchester
- Best Bedroom CHS Awards 2017
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