Revealed - new £4m buyer for Crescent Gardens site in Harrogate
Harrogate Borough Council says it has completed the sale of its former offices (Crescent Gardens) to Impala Estates Limited.
Impala Estates, a family owned property investment business, has purchased Crescent Gardens in Harrogate in a £4 million deal secured by property firm Sanderson Weatherall.
The unconditional sale, which includes the building and parking on the road directly opposite (locally known as ‘The Shelf’), follows a marketing and sales campaign that generated significant national interest.
All bids received were carefully considered and assessed against specific criteria including deliverability, preservation of a local asset, as well as the growing demand for office space in the town.
Impala Estates, a business with a growing portfolio of commercial and industrial property, plans to develop the building into a multi-let office space.
Coun Graham Swift, Harrogate Borough Council’s deputy leader and cabinet member for resources, enterprise and economic development, said: “The proposed plans will ensure that this high quality local asset is regenerated to deliver a building that provides much needed office space in the town centre and provide community benefits that keeps Crescent Gardens as a vibrant addition to Harrogate town.
“Although the sale process has appeared lengthy, I am delighted that the sale has now been fully completed and I look forward to working with Impala Estates and our planning teams to ensure the development is implemented successfully.
At this stage, no timescales have been set for the refurbishment but a planning application is due to be submitted early this year.