Properties

The Lowry Hotel

50 Dearmans Place, Salford, Manchester M3 5LH

  • Guest Room

    165
    Guest Rooms

  • Land Area

    ~2,200 sq m
    Land Area

Nestled along the banks of the River Irwell, The Lowry Hotel is an iconic 5-star luxury destination, renowned for its elegance and exceptional hospitality. The lifestyle hotel features 165 rooms with floor-to-ceiling windows that offer stunning city or river views. Among its accommodations are 10 suites, including the prestigious Presidential Suite, which boasts a grand piano, a walk-in dressing room, and a freestanding bath, ensuring an unmatched level of luxury for the most discerning guests.

The hotel enjoys a prime central location near the heart of Manchester city centre, offering seamless transport connectivity. Just a stone's throw from the iconic AO Arena and Spinningfields-Manchester's financial district and premier dining destination-it provides unparalleled convenience. The Arndale Shopping Centre, one of the UK's busiest retail hubs, is also nearby. Additionally, key entertainment landmarks such as the Royal Exchange Theatre and Manchester Opera House are within walking distance, making it an ideal base for travellers.

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.

NOTABLE ACCOLADES

  • • This is Manchester Awards 2024 - Leading Hotel of The Year
  • • Good Spa Guide 2024 - Bubble Rating of 5 Bubbles for RE:TREAT
  • • The AA Rosette Award (2018 - 2024) - The River Restaurant (Two Rosettes)
  • • I Love Manchester Awards 2023 - Most-Loved Hotel
  • • The Cateys 2023 - Best use of Technology
  • • Manchester's Finest 2018 - Best Restaurant in Manchester

 

Property Details [  –  ]
Number of guest rooms 165
Number of F&B outlets Two outlets comprising The River Restaurant and The Lowry Lounge and Bar
Banquet/Conference/Meeting facilities Eight purpose-built meeting rooms for weddings, private events or business conferences and a Grand Ballroom to entertain up to 300 people
Other facilities A Wellness Sanctuary comprising a gym, six treatment rooms, a yoga studio, cryotherapy chamber, floatation tank and Somadome meditation pod, as well as a hair salon
Car park facilities 88 car park lots
Coach parking (up to 6 coaches)
Operational Arrangement Owner-operated
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 2024 £46.0 million
Green Rating/Certification EPC "B" Rating
Vacant Possession Owner-operated, free of operator or brand
FY 2024 Key Financials [  –  ]
Gross Hotel Revenue S$22.6 million(3)
(£13.2 million)
Net property income S$3.5 million(3)
(£2.1 million)
  • (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 Colliers International Consultancy & Valuation (Singapore) Pte Ltd using the Discounted Cash Flow approach.
  • (3)Based on the average exchange rate of £1.00 = S$1.7077.

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