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The Trafford Hall Hotel In Manchester

£52,950

Reference:
THHO
Type:
Commercial
Location:
United Kingdom
City:
Manchester
Bedrooms:
1
Bathrooms:
1

The Trafford Hall Hotel in Manchester priced from just £52,950 is offering 10% Net per year AND a developer buy back!  Set in a stunning old period building set in the heart of Old Trafford just a 5 minute walk from the Manchester United Football ground as well as Old Trafford Cricket Ground and a 10 minute tram ride away from Manchester City Centre. 

 

The Trafford Hall Hotel is complete, fully operational and occupied 87% of the year. 

 

The Trafford Hall Hotel is currently rated as a 3 star, The Trafford Hall Hotel is due to undergo a full refurbishment of the bedrooms and common areas bringing it up to a 4 star standard and increasing the average daily rate of the hotel. 

 

Since 2011 Manchester has been the fastest growing major city in the UK and remains the second most visited city in the country. Removed from London, it has the largest economy in the UK and is regarded as the key financial influence in the North of England. Featuring 65 of the FSTE 100 companies, Manchester has one of the UK’s largest and most diverse economies, with 1.2 million workers contributing £46 billion per annum to the local economy. 

 

The Trafford Hall Hotel, a hotel rich in History and that was originally built in the 18th Century. Trafford Hall to this day has kept some of the period features from the 18th Century and upon entry to the hotel one quickly is taken aback by the historic character the hotel possesses. The former home of Trafford Council, the hotel boasts an original period staircase and a unique atmosphere with great character. 

 

With 33 rooms currently, the owners of the hotel will shortly be undertaking a full refurbishment of the rooms and common areas. Their aspiration is to bring this up from a 3 star hotel where it sits currently charging approx. £40 per night to a 4 star hotel that can charge up to £80 per night. 

 

This imposing structure sits on the Talbot Road in Old Trafford and is just a short 8 minute walk to gates of the popular Manchester United football ground that attracts in excess of 80,000 home supporters every second week during the football season. On match days the hotel is always sold out and rooms are known to be let for up to £300 per day. 

 

The refurbishment of Trafford Hall will see the rooms transformed in to current and contemporary rooms with state of the art deco and furniture to compliment the contemporary feel. The refurbishment will last approximately 1 year but the hotel will remain operational throughout with rooms refurbished on a rotational basis. Once the refurbishment has been done the hotel will also create an additional 12 rooms that will be sold as part of Phase 2. 

 

The refurbishment of the Trafford Hall Hotel will be undertaken by a leading PLC company who are very experienced in this type of refurbishment. 

 

The managers of Trafford Hall have decided to sell the individual rooms in the hotel to raise the capital required to fund the refurbishment of the hotel as well as expand their portfolio. 

 

Rooms will be sold on a 145 year leasehold basis providing full security to investors and a lease will be registered at the land registry office under the investors name. In exchange the management of The Trafford Hall Hotel will pay investors an assured 10% net return paid quarterly in arrears and offer an assured buyback from year 5 onwards at 120% of the initial purchase price. 

 

The location of Trafford Hall really couldn’t be better. Within an 8 minute walk one can easily reach Old Trafford Football ground or cricket stadium. During the football season the hotel is 100% occupied on match days and serves as the perfect location for supporters to stay overnight for matches. Similarly, in the summer Manchester is home to Lancashire cricket club that regularly play at this location. When neither of the two are happening the stadiums are also famous for putting on large concerts during the summer. 

 

Again, the visitors are always looking for good quality accommodation near the stadiums to stay in. The Trafford Hall Hotel is perfectly located to capitalise on this. 

 

Just a short walk away from the hotel you will find the Old Trafford Tram stop with direct trams to and from Manchester City Centre, with a journey time of approximately 12 minutes. 

 

By car the hotel is conveniently located, situated on a main road directly off Junction 7 of the M60. 

 

As the site of two of the UK’s top sports venues, Old Trafford is synonymous with major events and big name stars that have inspired generations. 

 

Beyond the stadium gates, there has been a continued effort to invest and regenerate the wider area over the past five years and this is set to continue. 

 

The recent announcement on the planned regeneration of the former Kellogg’s site in Old Trafford is welcome news that looks set to put the area firmly on the map within the city region for much more than just sport. 

 

The management of The Trafford Hall Hotel currently own and operate 6 hotels in their portfolio and are looking to acquire more hotels to expand their portfolio. 

Property Features

  • Starting at £52,950 
  • 10% net return for 5 years 
  • 120% Buy Back at Year 5
  • Free Legal Fees 
  • 145 Year Lease Hold
  • 2 weeks personal usage at the hotel 
  • 2 year’s worth of rent held in Escrow account from the end of year 1 
  • 20% Guaranteed Uplift in year 5 
  • 33 Ensuite hotel rooms 
  • Newly created gymnasium 
  • On site bar and restaurant 
  • Car parking for 100 cars rented out on matchdays 
  • Hotel is currently 87% occupied 
  • Old Trafford Football Stadium 10 mins walk 
  • The Trafford Centre 10 mins drive 
  • Manchester City Centre 15 mins drive 
  • Emirates Old Trafford Cricket Ground 10 mins walk 
  • Media City 10 mins drive