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COMMERCIAL

Weaste Hotel, Edward Avenue, Salford

Guide Price
£1,450,000
Edward Mellor Ltd, Auction
PROPERTY TYPE

Commercial Property

BEDROOMS

25

BATHROOMS

25

SIZE

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Key features

  • TO BE SOLD UNDER AUCTION TERMS
  • Substantial 25-bedroom freehold property
  • Recently Refurbished
  • Great Potential
  • Fantastic location close to Manchester
  • Freehold

Description

TO BE SOLD BY ONLINE AUCTION ON 12 TH NOVEMBER UNLESS SOLD PRIOR UNDER AUCTION TERMS.

Weaste Hotel, 68 Edward Avenue, Salford, M6 8DA

Substantial 25-Bed Freehold Hotel – Recently Refurbished with Excellent Income and Development Potential


The Weaste Hotel represents a superb opportunity to acquire a substantial freehold property in a prime location, close to Manchester city centre, Salford Quays, Salford Royal and the University of Salford. This impressive 25-bedroom hotel offers a range of double, twin, and family en-suite rooms arranged over three floors with large cellars. The property has recently undergone refurbishment, with the majority of rooms now completed and the remaining few nearing completion, enabling a new owner to resume or expand operations quickly.

 

Historically, the hotel has reportedly generated an average revenue of around £34,000 per month, demonstrating its strong trading capability. There has also been interest from food and beverage operators seeking to lease space within the property, creating an opportunity to introduce a bar, café, or restaurant element to further enhance income. The building also benefits from extensive cellars, which could be adapted for additional facilities such as a gym, storage areas or further accommodation, subject to the necessary consents.

 

The property offers clear potential for a variety of future uses. Beyond continued operation as a hotel, it could lend itself well to conversion into serviced accommodation, an aparthotel, or high-quality HMO accommodation. Its layout and location make it equally suitable for student housing, co-living arrangements, supported living or even full residential redevelopment- all subject to planning. Given the en-suite configuration and size, it may also appeal to care providers or developers seeking a flexible asset with multiple income streams.

Interested parties are advised to make their own enquiries.

 

Situated in an area of strong demand, close to major transport links and regeneration zones, the Weaste Hotel provides an outstanding opportunity for investors, operators, or developers seeking a property with excellent long-term potential in one of Greater Manchester’s fastest-growing locations.

Weaste Hotel, Edward Avenue, Salford

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Weaste Tram Stop0.4 miles
  • Ladywell Tram Stop0.8 miles
  • Langworthy Tram Stop0.8 miles
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About Edward Mellor Ltd, Auction

65-81 St Petersgate, Stockport SK1 1DS
Industry affiliations:

Edward Mellor is a well established company, founded in 1985 by the eponymous Edward Mellor with his first office in Reddish, Stockport. Over the years we are proud to have become Stockport and Tameside?s leading property services company. Our growth and success has been underpinned by investment in technical innovation and investment in our people and services.

Notes

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Disclaimer - Property reference EM-164844. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Edward Mellor Ltd, Auction. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Edward Mellor Ltd, Auction on 0161 524 2443.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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