Press | Edwardian Group Acquires Historic Theatre Royal Manchester
Edwardian Group, London Acquires Historic Theatre Royal, Manchester
A Manchester building that is thought to have been an inspiration for the exterior of the Royal Opera House in Covent Garden has been acquired by the Edwardian Group, London.
The Theatre Royal was opened in 1845. Its façade on Peter Street has remained largely unaltered. Its interior was re-modelled as a cinema in 1921 and since then has had various uses including a bingo hall and a nightclub. It was abandoned several years ago and there have been a number of ambitious plans to re-develop the site.
New owners Edwardian Group, London are a privately owned company under the leadership of Jasminder Singh, OBE. The net value of the group is £824m. The Group have recently invested £120m in new acquisitions and a further £300m has been earmarked for 2013.
The Group also own the Radisson Blu, Edwardian Free Trade Hall Hotel which is adjacent on Peter Street Manchester. Edwardian Group, London will work with Manchester City Council and English Heritage in developing plans for the commercial use of the site which will include restoring elements of this potentially fine building and enhancing the experience for customers of Manchester’s finest 5 star hotel.