Summary - 48, CONEY STREET YO1 9ND
64 bed 64 bath Commercial Property
Large vacant city centre site with approved hospitality and retail consent.
Extant planning for 64‑room aparthotel and ground/basement leisure (Ref: 23/00059/FUL)
A rare freehold development parcel in York city centre, this large dual-frontage property benefits from extant planning permission (Ref: 23/00059/FUL) and listed building consent (Ref: 23/00060/LBC) for a mixed-use scheme: ground and basement leisure/retail (Use Class E) and an upper-floor 64‑room aparthotel (Use Class C1) with an additional rooftop storey. The Grade II listed Tudor‑style frontage provides strong street presence and significant character for a hospitality-led conversion.
The building offers approximately 32,101 sq ft across basement, ground, mezzanine and two upper floors, with vacant possession and recent interest from operators. Its prime location on busy retail thoroughfares, close to national retailers and the Riverside Coney Street redevelopment, supports footfall and visitor demand. Excellent transport links and nearby public car parks add practical appeal for guests and customers.
Buyers should note material constraints: listed status will restrict alterations and may increase costs and timescales; planning is extant but implementation will require adherence to consents. The immediate area records very high crime and wider area deprivation, factors for operators to consider with security and insurance costs. The building currently has secondary glazing and electric storage heating; parts of the fabric and roof likely require maintenance prior to or during conversion.
Overall this is a high‑profile city centre development opportunity aimed at investors or hospitality developers who can manage listed‑building works, take advantage of the approved consent, and deliver a large aparthotel with ground‑floor leisure/retail that capitalises on strong central location and forthcoming local regeneration.
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