A bar in Manchester’s Northern Quarter deemed a ‘stalwart’ of the city’s nightlife has been sold with planning permission for a boutique hotel.
The Dry Bar in Oldham Street was one of the first bars to open in the area in 1989 by Factory Records co-founder Tony Wilson, and was put on the market last summer for £4m.
While the new owners have not been revealed, the listing on Christie + Co has now been marked as sold and shows the freehold that was on offer.
It includes the ground floor bar, basement cocktail bar and consent to transform the two floors above the bar and the attic space into a 69-bedroom hotel.
The upper storeys are currently disused and in a poor state of repair according to planning documents, which say the development will provide ‘good value and distinctive accommodation’ to both tourists and business travellers.
The Dry Bar was frequented by many well-known faces in the day, and it has famously barred both Liam Gallagher and Shaun Ryder in its time.
It is understood the bar will continue to be operated by its current owners until this summer, when the sale is due to be completed.