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The Swan Inn is a significant historic building in its own right. This late Victorian building is included in the City Council's Local List, (List of Strategically Important Buildings of Local Architectural or Historic Interest). Its elaborate frontage (which represents the last remaining bow window fronted public house in the city, and possibly in the East Riding of Yorkshire) makes an important contribution to the Beverley Road Conservation Area. For many years it served as the ‘cinema pub' to the National Picture Theatre, and their histories have been closely entwined from the beginning.

The Swan Inn was sold by Saleem Hakim to Townglow Limited in July 2014, and at the time of writing (21st July 2015) a two storey extension is being built on the rear of the pub. It is expected that when the extension has been completed the pub will become a restaurant and bar.

Townglow Limited also owns 'Florins' the former bank on Prince's Avenue, that was converted into a bar in 2013. Currently the only Director of the company is Saleem Hakim.

The Trust had originally hoped to have the Swan Inn as part of its project, but now that the two sites are in diferent ownership, that is now not an option at this time.