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Silvers Bar & Green Ginger House Hotel 2 Properties Offered at £1,300,000 in Hull

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INVESTMENT HIGHLIGHTS

  • Substantial Grade II Listed freehold property in Hull's old town
  • Currently operated as a bar/restaurant and boutique hotel
  • Current combined passing rental £98,500 per annum
  • Located on a busy licenced circuit with high volume of trade through the week and especially at weekends
  • Fully let on 2 FRI leases to established operators

EXECUTIVE SUMMARY

Silvers Bar, 19 & 20 Silver Street
The ground floor of 19-20 Silver Street is currently let and operating as a bar/restaurant. The premises are well decorated and furnished to a very high standard incorporating the historic features from the former use as a banking hall which includes a large feature glazed dome roof over the centre of the room. A centrally located island bar servery is set beneath the domed roof. To the front of the premises are smaller partitioned seating areas which are all similarly well decorated. The flooring is a combination of Parque style covering and carpeting.
To the rear of the ground floor is a commercial kitchen area and on the first floor level are male and female WC facilities and an office.
Green Ginger House, 4 Land of Green Ginger
Green Ginger House is currently operated as a boutique hotel with the access being from the Land of Green Ginger elevation. The letting accommodation comprises a total of 16 en-suite bedrooms (3 of which benefit from small kitchenettes).
The lift served first floor level is arranged over a split level basis and comprises a total of 9 ensuite letting rooms together with an office. To include 1 wheelchair accessed room 1 single room, 1 double room, 1 studio, 3 king rooms and 1 apartment. The rooms are attractively decorated and finished to a good standard with each room being en-suite.
The second floor comprises a total of 7 letting rooms including a studio , an accessible room and 5 king rooms as well as a cleaning/laundry
room and a guest seating area.
At ground floor level is a well furnished and decorated reception accessed from land of Green Ginger with single disabled toilet facility.

PROPERTY FACTS

Price £1,300,000
Price psf £65.48 / sq ft
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Property Size 19,852 sq ft
Total Land Area 0.25 ac

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
Green Ginger House Hotel
4 Land Of Green Ginger, Hull HU1 2EA
Hospitality 1,727 sq ft 1950 -
19-20 Silver St, Hull HU1 1JG Retail 18,125 sq ft 1901 -
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  • Listing ID: 28373477

  • Date on Market: 02/05/2023

  • Last Updated:

  • Address: Silvers Bar & Green Ginger House Hotel, Hull, NHS

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