Hull city centre bar and restaurant creates new jobs with six-figure funding boost

Hull city centre’s nighttime and hospitality sector has received a ‘huge boost’ courtesy of Levelling Up Funding.

A grant of £750k has been awarded to Tokyo Industries (Yorkshire) Ltd, trading as Iron Lilies, bringing a new late-night bar and restaurant. The funding is from monies awarded to Hull City Council in 2021 by the Department of Levelling Up, Housing and Communities (DLUHC).

Iron Lilies will occupy the former Virgin Megastore on Level 2 of Princes Quay Shopping Centre which has stood vacant for a decade. The funding will also help to create 19 full-time equivalent jobs, as well as bringing back into use large, vacant floor space.

Other proposed works include installation of new toilets and a commercial kitchen, creation of a bar, purchasing furniture, fixtures and fittings, as well as fitting out sound, alarm and camera systems.

Cllr Paul Drake-Davis, Hull City Council’s portfolio holder for regeneration, commented: “Levelling Up Funding has already helped to bring huge improvements and unlock great potential in our city centre.

“This is a significant investment to what is an exciting project which will provide a boost to Princes Quay and the wider area’s evening economy.”

By Matthew Neville – Senior Correspondent, Bdaily

• Add me on LinkedIn and Twitter to keep up to date
• And follow Bdaily on Facebook, Twitter and LinkedIn
• Submit press releases to editor@bdaily.co.uk for consideration.

Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →

Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.