Have you ever spent a day out at Manchester’s Chill Factore?

It is a £31M real snow center and is home to the UK's longest indoor ski slope- and it’s been purchased by The Snow Centre Hemel Hempstead.

The sale is part of listed developer U+I’s strategy to boost funds and reinvest in major regeneration projects across the UK.

Matt Potter, Head of Direct Investment Portfolio at U+I said “The sale of Chill Factore to The Snow Centre is part of our ongoing strategy to dispose of non-core assets.

“In so doing, we can focus on investing time and resources on our regeneration portfolio and boost our balance sheet.

“Chill Factore has performed strongly in terms of operational and rental income, so we have every confidence that The Snow Centre will make it a success as people start to enjoy using sports facilities again.”

The Bolton News: (Photo: Chill Factore)(Photo: Chill Factore)

Chill Factore boasts two indoor real snow slopes – a 180m main slope, the longest in the UK, and a 40m lesson slope – plus a designated fun zone for sledging and snow play.

It is also home to a broad range of cafés, bars, and restaurants as well as retail brands, such as Evans Cycles and Snow & Rock.

Ian Brown, Managing Director of Snow Centres Ltd said “For more than a decade, Chill Factore has built a reputation as one of the most iconic leisure brands in the UK. 
The Bolton News: Ian Brown (Photo: Chill Factore)Ian Brown (Photo: Chill Factore)
“It complements our existing business extremely well and was the most obvious way to expand our role in the growing UK Snowsports industry.

“We are hugely excited by the prospect of working with a highly accomplished Chill Factore team and building on their considerable success to date. We look forward to welcoming guests back to Chill Factore when we re-open the doors on April 12th.”