Silvers Hotel & Bar, 19-20 Silver Street, Hull City Centre

  • Turnkey Boutique Hotel
  • Central Hull Old Town Position
  • 17 En-Suite Rooms
  • Exceptional Refurbishment of Former Bank Building
  • High Volume Bar & Restaurant
  • Ideal Investment Opportunity
£1,800,000
Silvers Hotel & Bar, 19-20 Silver Street, Hull City Centre

An exceptional opportunity in the heart of Hull's old town, to purchase a turnkey 17 bedroom boutique hotel, fully fitted and furnished to an extremely high standard occupying 3 floors of a former bank building, with the also available Silvers Bar & Restaurant to the ground floor with a hotel occupying the 2nd and 3rd floors. The bar is currently an established business, ideally positioned on a busy licensed circuit with high volume of trade through the week and especially at weekends. Currently turning over circa £900,000 with profits in the region of £100,000, however, the agent cannot verify and are awaiting a copy of the accounts, There is potential to increase trade as it currently closes on a Monday and Tuesday. Having been the subject of immense recent investment, the bar has a central circular serving area capable of 360 degree interaction with 300 covers for drinking and dining. The hotel itself has a separate street entrance from Land of Green Ginger, access from which leads to the 1st floor reception area. All rooms are a mixture of double, family and twin, all with en-suite facilities.