The landmark and former derelict squat, the Trafford Park Hotel, saw more than ten parties involved in an online bidding battle with bidding being extended for nearly two hours.
The historic building is set to become a boutique hotel following a £900,000 sale, nearly double it’s expected selling price of £500,000 back in 2017.
Two years on, the grade II listed property remains unchanged, but a planning application is due to be submitted to Trafford Council soon outlining plans to transform it back into a hotel.
The property was built back in 1902 and has lain vacant for nearly ten years, having at one point been used by squatters and even as a cannabis farm.
Following its closure, the terracotta fronted property has become dilapidated inside, blighted by graffiti and has even had squatters taking up residence.
But, despite its run-down condition, the property was still incredibly popular when it went on the market, mainly due to its location near to Manchester United's football stadium.
Hoteliers Ashley Hotels and Nine Group purchased it as a joint venture, but now it is solely owned by Ashley Hotels.
The group own several hotels across the UK, but this appears to be their first to open in the North of England.