A family firm which has won business and heritage awards for its part in regenerating Hull city centre has confirmed the acquisition of an historic pub in the Old Town.
Allenby Commercial has bought the Corn Exchange on the corner of North Church Side and Market Place for an undisclosed sum. It neighbours a previous transformation project, Hide Out Hotel, where 15 self-catering Scandi-styled apartments have replaced empty retail and office units.
The company, celebrated for its transformation of the 17th century Danish Buildings with Bayles House and the Victorian Paragon Arcade, said it is committed to taking the same, careful approach to its latest addition.
Charlie Allenby, development director, said: “The Corn Exchange operated as a pub for maybe 300 years but more recently successive operators have struggled to make it work and earlier this year it became vacant again. We haven’t made a decision about exactly what to do with it but we will look at the sort of options it prese …