London-based European real estate investment and asset management firm, Catalyst Capital, has invested hundreds of thousands of pounds to refurbish an office development in the heart of Hull city centre.
Chameleon Business Interior has renovated Anchor House, based in the Maltings on Silvester Street, into a New York-loft style work space.
Originally built in the late 1860s for the Hull Brewery Company Ltd, The Maltings and Anchor House were used for storing barrels waiting to be distributed to the city’s many pubs.
The refurbishment has now transformed Anchor House into a range of office suites available for lease, from just less than 400 sq ft to almost 10,000 sq ft in area, as well as a sandwich bar opportunity sitting in the heart of the wider commercial district.
Larger units of up to 20,000 sq ft are expected to come available in Anchor House later in the year.
The building is being marketed by East Yorkshire property agent, PPH Commercial.
Nick Pearce, PPH director, commented: “Hull, and the wider region, is in the midst of a cultural and economic revolution and with that comes a lot of attention, both nationally and globally. It is no surprise, therefore, that overseas investors are beginning to notice the city’s property market and get excited about it.
“Anchor House is a fantastic relic of Hull’s industrial past which found a new lease of life as attractive offices.
“Now, with the refurbishment completed, it is one of the most stunning locations in the city centre, with units available to suit start-ups through to much larger organisations.
“We expect a lot of enquiries from local companies, but also from national companies as well because Hull’s new found status, coupled with the quality of the space, means Anchor House should attract attention from far and wide”.