Summary - Silvers Bar & Hotel,19-20 Silver Street,HULL,HU1 1JG HU1 1JG
1 bed 1 bath Commercial Property
Large mixed-use asset with trading bar and vacant boutique hotel space.
Grade II-listed historic corner building with strong period features
A substantial Grade II-listed corner building in Hull Old Town, this freehold commercial offers an established ground-floor bar/restaurant and extensive upper-floor accommodation formerly run as a boutique hotel. The ground floor is currently let and trading, with a passing rent of £43,500 per annum, while the upper floors (16 en-suite rooms over first and second floors) are vacant and ready for reoccupation or refurbishment.
The property’s historic interior features are a standout: a former banking hall with a glazed dome, high ceilings, arched windows and a centrally located island bar. Attractive room finishes and lift access are already in place for hotel accommodation, including accessible rooms and one wheelchair-accessible unit. Large overall floor area (9,747 sq ft) and a corner location on a busy licensed circuit support strong footfall and leisure demand, particularly at weekends.
Buyers should note material constraints: the building’s Grade II listing will limit external and internal alterations and may add cost and time to refurbishment works. The area records very high crime rates and very slow broadband speeds, and there is a medium flooding risk. Tenure is listed as unknown and should be confirmed. The size and historic fabric present obvious potential for conversion, expansion of turnover, or continued multi-use hospitality operation, but will require capital investment for compliance and modernisation in places.
This asset is suited to an investor or operator keen on city-centre hospitality with scale and character who can manage listed-building consent, security considerations and infrastructure upgrades. Offers are sought in excess of £1,300,000; this reflects both the property’s prominence and the refurbishment/operational work likely required to maximise returns.
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