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UK: Real estate advisor Knight Frank has been appointed as sole agent to market the Roomzzz aparthotel in Manchester city centre with a guide price of £12 million.
Centrally located on Princess Street, the four-star property comprises 59 apartments supported by a range of shared amenities including a reception and lobby, daily housekeeping, self-service laundry facilities, and secure access systems.
The accommodation – comprising studios, as well as one- and two-bedroom units – is designed to cater to both short and extended stays. The number of units could increase, subject to reconfiguration and the necessary consents.
The aparthotel currently operates under the Roomzzz brand, but the freehold interest will be offered free of brand and management. This is meant to provide an incoming purchaser with operational flexibility, while supported by an on-site team that is expected to remain in place for continuity of service and performance.
“The combination of a prime city centre location, an attractive period building and well-specified apartments ensures the property appeals to a broad range of occupiers, including business travellers, relocating professionals, weekend visitors and international tourists,” said Ryan Lynn, partner at Knight Frank. “As such, Roomzzz Manchester City represents a resilient and well-established hospitality asset within one of the UK’s strongest regional hotel markets. The opportunity to acquire the asset unencumbered by brand or management, alongside its clear expansion potential, offers an incoming owner a compelling platform for future value creation. We look forward to securing a successful outcome for our client.”
Highlights:
- Knight Frank is marketing the Roomzzz aparthotel in Manchester with a £12 million guide price.
- The four-star property on Princess Street offers studios and one- to two-bedroom units, targeting both short- and extended-stay demand.
- The freehold is offered unbranded and without management, giving buyers operational flexibility and repositioning potential.
- The existing on-site team is expected to remain, providing continuity for investors.
