KRO Hospitality has acquired the modern Indian restaurant on Peter Street
KRO Hospitality - the group behind Velvet Hotel and One Canal in the Village - has acquired Peter Street's Indian fine dining restaurant Asha.
The move follows the purchase of the freehold of the grade II listed 47 Peter Street, with plans to transform the upper floors of the building into a high-end 49-room boutique hotel with club lounge - opening next year.
Asha's - named and co-founded by Bollywood star Asha Bhosle (as in ‘a brimful of…’) - opened in Manchester in 2015, following the success of the debut UK restaurant in Birmingham and multiple branches across Asia.
The restaurant reportedly cost £2m to fit-out, and is one of few Indian restaurants to be recommended in the 2019 Michelin Guide. It was also recently voted amongst the North West's Top 100 Restaurants - see the guide here.
KRO boss Kim Eivind Krohn said: “We’re thrilled to welcome Asha’s into our expanding portfolio in Manchester. Asha’s is a much-loved brand in Manchester, adored by food fans and celebrities alike.
"In addition to being a fabulously strong and successful brand, Asha’s also fits perfectly with our own vision for the building and with our company’s commitment to quality, luxury and outstanding hospitality".
Earlier this year, KRO brought Marco Pierre White's Mr White's Chophouse (reviewed here) to Manchester, opening on the ground floor of Velvet in the summer.