Fragrance Group buys Grade II-listed hotel for £12.5m
Fragrance Group has acquired the Grade II-listed Townhouse Hotel in Manchester city centre from Harcourt Developments for £12.5m.
The property on Portland Street dates back to 1870 and was formerly a cotton warhouse before opening as an 85-bedroom hotel in 1982.
An extensive refurbishment programme in 2010 created the current four-star boutique hotel offer, with a brasserie, bar and self-contained business centre.
The hotel is, close to Manchester Piccadilly station, Palace Theatre and Manchester Art Gallery.
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