Parkers Hotel Manchester, Euromanor, p Colliers

The building last traded in 2007. Credit: via Colliers

Historic Manchester asset on the market for £14m

Euromanor Properties has appointed Colliers to find a buyer for Parkers Hotel. 

Euromanor, which acquired the 75,000 sq ft Corporation Street building for £7.5m in 2007, is seeking almost double that for the building 17 years on.

Built in the early 1900s as the Cooperative Insurance Society’s headquarters, the property was converted into 106 apartments in the 1990s. 

Parkers Hotel is located on the edge of NOMA close to Manchester Victoria train station. 

Tim Meakes, director in the national capital markets team at Colliers, said: “Parkers Hotel offers prospective owners a rare opportunity to receive good income whilst being able to plan long-term asset management strategies for both the retail and leisure space and the potential to re-develop and reconfigure the existing residential units. 

“With its enviable location and potential, we expect there to be significant interest from investors, many of whom are currently looking for value add opportunities.” 

Your Comments

Read our comments policy

Lets hope someone buys this and gives it the desperate overhaul and refurbishment that it needs

By Steve

The building deserves some love. Hopefully the revitalised surrounds helps with that.

By Tom

This building needs to be incorporated into NOMA. I do not know how the inside looks but there must be someone out there, with the imagination to revive it.

By Elephant

Probably no easy conversion or refurbishment, but much larger and more difficult projects have been undertaken in Manchester before now. Looking forward to seeing this started.

By James

£6.5m for doing absolutely nothing. I’m in the wrong job.

By Anonymous

In the 80s, rooms were available “by the hour”
I shall say no more! 😂

By Bernard Fender

I know this building as I was an apprentice plumber who worked on a project to replace the hot water boiler/calorifier to an instantaneous water heater.
We worked around the clock for 24hrs to bring the hot water back on and on the night that we were relieved for a 2 hr rest by others we headed down to the basement which use to hold legal raves.
Good Times haha.

By Tony

I hope this doesn’t effect the dentist and dance studios. They’re the best.


Related Articles

Sign up to receive the Place Daily Briefing

Join more than 13,000 property professionals and receive your free daily round-up of built environment news direct to your inbox


Join more than 13,000 property professionals and sign up to receive your free daily round-up of built environment news direct to your inbox.

By subscribing, you are agreeing to our Terms & Conditions and Privacy Policy.

"*" indicates required fields

Your Job Field*
Other regional Publications - select below