Service Industry, East Yorkshire
- SIZE
Ask agent
- SECTOR
Commercial property for sale
Key features
- Diverse client base including freelancers, startups, SMEs, and expanding teams
- Prime location in Hull’s bustling business district
- Comprehensive range of services including coworking, private offices, meeting rooms, and virtual office services
- Secure lease in a modern, well-maintained office building
Description
An exceptional opportunity has arisen to acquire a thriving coworking and serviced office business located in the very heart of Hull city centre. Purpose built to offer a warm, welcoming, and highly adaptable working environment, this established operation serves a diverse client base including freelancers, startups, SMEs, and expanding teams seeking modern flexible space.
Positioned within Hull’s bustling business district, the premises benefit from outstanding accessibility - just a short walk from Hull Paragon Interchange and surrounded by shops, cafes, and key cultural attractions - making it a sought after destination for businesses of all kinds.
The business provides a comprehensive range of services designed to meet the evolving demands of today’s workforce:
1. Coworking
Hot desks available on a daily or monthly basis
Dedicated desks ideal for long term consistency
Comfortable breakout zones that naturally encourage networking, collaboration, and productivity
2. Private Offices
Fully serviced, ready to use office suites accommodating 2 to 20+ people
Flexible occupation terms tailored to business needs
Furnished spaces supported by an attentive on site team
3. Meeting and Event Rooms
Professional interview rooms for up to two people
Small meeting rooms for groups of up to four
Larger boardrooms and training rooms accommodating up to ten guests
Competitively priced options available from only £15 per hour
4. Virtual Office Services
Prestigious city centre business address
Mail handling and related business support
Held on a secure lease, the business occupies part of the first and second floors of a modern, well maintained office building. The layout is designed for both operational efficiency and customer comfort, featuring:
A welcoming reception area
62 individual office spaces
Multiple meeting rooms accommodating four to 30 people
Spacious coworking zones
Fully equipped kitchens
Modern WC facilities
The building’s configuration and quality fit out make it perfectly suited for continued growth or further development of services.
The business delivers reliable and growing revenue streams, generating an annual turnover in excess of £132,000 with excellent profit margins. The combination of recurring membership income, meeting room hire, and virtual office services creates a stable, robust business model ideal for both hands on operators and investors seeking a semi managed opportunity.
This is a standout chance to acquire a well established, fully operational, and highly reputable workspace business in an unbeatable city centre location. With demand for flexible working environments only continuing to rise, the business is perfectly positioned for future expansion under new ownership.
Notes
Disclaimer - Property reference 591480. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Ernest Wilson & Co Limited, EW Leeds. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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