Summary - 47, PETER STREET M2 3NG
32 bed 1 bath Hotel
Turnkey 32-room boutique hotel with bar and restaurant in prime Manchester city centre.
32 individual en-suite letting bedrooms
Freehold interest offered (tenure details not specified)
Opened and newly developed in 2023, low immediate maintenance risk
Includes The Peterman Bar and Restaurant, premises licence included
Prime Manchester City Centre location, excellent transport links
Located in a cosmopolitan student neighbourhood—seasonal demand possible
Distinctive modern façade with high ceilings and Art Deco character
Very low local crime, fast broadband speeds
A rare, city-centre freehold opportunity: Forty Seven, Peter Street is a newly developed boutique hotel, bar and restaurant that opened in 2023. The property comprises 32 individual en-suite letting bedrooms and a ground-floor bar/restaurant (The Peterman), all finished to a modern, characterful specification with high ceilings and strong street presence. Its Manchester City Centre address places it in a cosmopolitan, multicultural student neighbourhood with excellent transport links, fast broadband and very low local crime.
This asset suits investors or hospitality operators seeking an established, full-service trading property with immediate income potential. The building’s modern façade, floor-to-ceiling glazing and Art Deco/industrial interior details create a distinctive boutique offer attractive to leisure and student markets. The freehold sale includes premises trading as a combined hotel, bar and restaurant, allowing continuity of trade if desired.
Buyers should note a few practical points: the legal tenure is not specified in the supplied details, and the property’s performance will be linked to city-centre footfall and seasonal demand typical of student and leisure areas. The hotel opened recently (2023) and is newly developed, reducing short-term maintenance risk, but prospective purchasers should verify trading accounts, licences and operational arrangements before committing.
Overall, Forty Seven Peter Street presents a turnkey boutique hospitality asset in a prime Manchester location, offering scale (32 en-suite rooms), food and beverage income and strong local amenities. It represents a straightforward acquisition for investors or operators aiming to capture central Manchester demand, subject to due diligence on tenure, licences and trading performance.
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