PIP Group, the Nottingham-based property investment firm, has bought the iconic Victoria Dock Offices in Hull and secured planning permission to convert the landmark building into six luxury apartments.
Situated next to Hull’s historic Old Town, the Victoria Dock Offices occupy a prime waterfront position on Plimsoll Way and South Bridge Road, offering views of the Humber Basin. The maritime-themed property, which stands three storeys high, features a unique turret styled as a lighthouse and a rooftop terrace.
The company plans to transform Victoria Dock Offices into six modern apartments – comprising three 2-bedroom apartments and three 1-bedroom apartments.
Arv Soar, founder and managing director of PIP Group, said: “The acquisition of the Victoria Dock Offices is an exciting opportunity to breathe new life into a building that holds both historical and architectural significance. Hull is a city undergoing significant regeneration, and we are thrilled to be part of its continued growth. Our vision is to create high-quality, modern living spaces that retain the character of this beautiful landmark while offering residents a contemporary lifestyle and exceptional views of the Humber Basin.”
Soar, a seasoned property entrepreneur, began his career in property investment at a young age, managing his father’s portfolio from his hometown of Nottingham. Over the years Soar has built a multimillion-pound property portfolio.
PIP Group operates from offices in both Nottingham and Hull, has become known for transforming underutilised properties.