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The Ainscow Hotel is a 62-room hotel, restaurant, and spa situated on the border between Salford and Manchester. It is an informal retreat for people wanting to relax whist in the city.
The hotel it is situated in is the historic Browns Brothers building that was original constructed in 1878 as a brewery but has housed many businesses until it fell into disrepair in 1986. The current owners decided to restore this landmark back to its former glory and convert the building into the hotel and spa, naming it The Ainscow after local entrepreneur Carol Ainscow.
Having to create the hotel from the ground up they needed acquire all the furnishings, from curtains to carpets, furniture, a complete catering solution and all communication and IT equipment. To quickly get all the equipment they needed without cutting any caution or worrying about their cashflow they decided to contact Johnson Reed to find out what financing deals were available.
We were able to offer them a split deal that covered several lenders into one leasing solution and one point of contact that focused all the costs into a fixed monthly payment. This allowed them to utilize our money so they could focus their working capital on other aspects of their business.
With the hotel now up and running we are happy that to say the hotel and spa is getting rave review in the local press and is becoming one of the go-to retreats in the city. One of the most talked about aspects is the restaurant that focuses on seasonal, local contemporary British cooking that offers their own take on fish pies, Bury black pudding and 21 day aged steak and a roof garden space with panoramic views.
Working with Salford City Council the owners have recruited 75% of their staff from the local community and offer their informal spa to locals who want to get ready and pampered for a night out on the tiles without having to go home beforehand.
If you want to find out more information about the hotel and spa please visit www.theainscow.com or drop in at The Ainscow Hotel, Trinity Way, Salford, M3 5EN.
