Surface enhanced Raman scattering (SERS) systems with large number of active sites exhibit superior capability in detection of low concentration analytes. In this paper, we present theoretical as well as experimental studies on the optical properties of a unique hybrid nanostructure, Ag NPs decorated silicon double nanocones (Si-DNCs) array, which provide high density of hot spots. The Si-DNC array is fabricated by employing electron beam lithography together with plasma etching process. Multipole analysis of the scattering spectra, based on the multipole expansion theory, confirms that the toroidal dipole moment dominates over other electric and magnetic multipole moments in the Si-DNCs array. This response occurs as a result of generating current densities flowing in opposite directions and consequently generating H-field vortexes inside the nanocones. Moreover, SERS applicability of this type of nanostructure is examined. For this purpose, the Si-DNCs array is decorated with Ag nanoparticles (NPs) by means of electroless deposition method. Simulation results indicate that combination of multiple resonances, including LSPR resonance of Ag NPs, longitudinal standing wave resonance of Ag layer and inter-particle interaction in the gap region, result in a significant SERS enhancement. Our experimental results demonstrate that Si-DNC/Ag NPs array substrate provides excellent reproducibility and ultrahigh sensitivity.