Ibis Hotel, Osborne Street, Hull

£7,500,000

Size

Ask agent

Tenure

Freehold

EPC

Parking

Ask agent

Primary use
Hotel
Bedrooms
106

No floor / site plan

Key features

  • Purpose-built hotel comprising 106 bedrooms
  • Freehold Interest
  • Let to Accor UK Economy Hotels Limited
  • Current passing rent: £637,807 per annum
  • EPC B47

Description

Constructed in 2002, ibis Hull City Centre is a four storey, purpose-built hotel extending to approximately 0.416 acres. The accommodation is arranged across four floors and comprises 106 en-suite guest bedrooms, configured as a mix of double and twin rooms, all designed to a consistent layout.

The ground floor includes an open-plan lobby area incorporating a bar, breakfast and dining space, supported by a commercial kitchen. To the rear of the property there is a secure surface car park providing designated disabled and staff parking, with main guest parking available close by at Princes Quay multi-storey car park.

The hotel is let to Accor UK Economy Hotels Limited, providing a stable occupational covenant and established trading location within the Hull hotel market.

The hotel occupies a highly accessible position on Osborne Street, close to Ferensway, within Hull city centre. Hull is a key commercial port city and an important regional hub on the east coast of England, with strong corporate, leisure and event-driven demand.

The property benefits from direct access to the A63, liking Hull to the M62 motorway network, and Hull railway station is within walking distance, offering direct services to London King's Cross in approximately 2 hours and 30 minutes. Humberside Airport is located around 22 miles to the south.

Nearby attractions include Princes Quay and St Stephen’s shopping centres, Hull New Theatre, Hull Arena, Hull Minster, Ferens Art Gallery and The Deep aquarium, all contributing to consistent year‑round visitor demand.
Additional information
Service charge
Ask agent
Business rates
Ask agent
Use class
Ask agent
Listed building
Ask agent
Energy performance certificate: A

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

Ask agent

Environmental data
BREEAM rating

Unclassified

Environmental description
Ask agent
Read more about energy considerations for commercial property

Ibis Hotel, Osborne Street, Hull

NEAREST STATIONS

National Rail

Hull Station

0.12 miles

National Rail

New Holland Station

2.87 miles

National Rail

Barrow Haven Station

3.68 miles

About Savills National , Manchester

Savills National , Manchester

Who We Are

Savills Licensed Leisure team deals with freehold and leasehold licensed premises nationally for all purposes. We advice on sales, lettings and acquisitions of both trading and vacant premises.

Our Services

Our agency team sells licensed premises nationally and our existing clients include national pub companies, major leisure corporations and premium private operators across the UK. The team deals with sales, lettings and acquisitions of both trading and vacant premises. These include pubs, restaurants, late night bars, nightclubs and hotels.

We are one of the most respected team of Valuers in the industry providing specialist valuations for loan security, accounting and taxation purposes. Our clients include all major banks and lending institutions throughout the UK.

We offer clients a consultancy service including viability appraisals and Expert Witness reports to assist with development and planning opportunities. We are also able to represent clients whose interests are affected by Compulsory Purchase proposals.

In addition to a strong track record of dealing with trading properties, the team has particular expertise in redevelopment, working closely with the Savills Planning and Urban Design departments.

We represent Landlords and Tenants in rent review and lease renewal negotiations and make representations to Arbitrators and Independent Experts when disputes

require it.

The team includes highly experienced dispute resolvers able to act as arbitrators, independent experts and PIRRS valuers in rent review and lease renewal cases.

We undertake rating appeal work on behalf of owners/occupiers to mitigate business rates liabilities, as well as advising on empty rates.

The team have extensive experience in the sale and acquisition of licensed investments both individually and in large portfolios. Our knowledge of the buyer pool, whether that be a major fund, family office or small private investor, is coupled with a detailed granular knowledge of the underlying specialist asset.

Your search history

You have no recent searches

Disclaimer - Property reference A9F53BC4-7ED4-4418-883B-9C8BE826DFCD. 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 Savills National , Manchester. 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.