en.Wedoany.com Reported - A property comprising 59 serviced hotel apartments on Princess Street in Manchester, UK, has recently been brought to market through Knight Frank to find a buyer. The hotel apartment currently operates under the Roomzzz brand and is one of two Roomzzz locations in Manchester, the other being the Roomzzz Victoria hotel at the Corn Exchange.

Located at 36 Princess Street, this hotel apartment offers three types of units: studios, one-bedroom, and two-bedroom apartments. Shared facilities include a reception and lobby, daily housekeeping, self-service laundry facilities, and a secure access system. Although the hotel apartment operates under the established Roomzzz brand, the seller, Roomzzz, plans to exit this location, and the freehold will be sold without the brand and management rights.

Knight Frank noted that this arrangement provides operational flexibility for the buyer, with the experienced on-site team expected to be retained to ensure continuity of service and performance. The agent added that the hotel apartment has consistently performed strongly and profitably, with potential to increase the number of units through reconfiguration and obtaining necessary approvals.

Ryan Lynn, Partner at Knight Frank, said: "The combination of a superb city centre location, attractive historic architecture, and well-finished apartments ensures the property attracts a broad range of guests, including business travellers, relocation professionals, weekend visitors, and international tourists." He added: "Roomzzz Manchester City represents a resilient and mature hospitality asset in one of the UK's strongest regional hotel markets. Acquiring the asset free from brand or management encumbrances, coupled with its clear expansion potential, provides a compelling platform for future value creation for the buyer. We look forward to achieving a successful outcome for our client."

The building dates back to the 1880s, was designed by Clegg & Knowles, and was listed as a protected building in 1994. 36 Princess Street historically served as a goods warehouse and once housed organisations such as the Manchester Chinese Chamber of Commerce.

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