£125,000
Property for saleService Industry HU1, East Yorkshire
About this property
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
Total floor area 12,299 sq ft over two floors
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
The business operates under a secure lease and occupies part of the first and second floors of a modern, well-maintained office building, providing a total floor area of 12,229 sq ft. 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.
Mortgage calculator
£625 per month
70+ lenders and 10,000+ products
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.



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