Published: 13th Jan 2020

Harrogate Borough Council (HBC) has sold its 18th-century office building for £4m, ending a long-running saga for the North Yorkshire town. Impala Estates, who owns a portfolio of commercial and industrial property in Yorkshire, plans to develop the Crescent Gardens building into offices. HBC put the building up for sale in 2014 after it decided to ‘consolidate’ its various sites across the town into a new purpose-built facility. In 2015, the council agreed to sell the property to local businessman Adam Thorpe who wanted to turn the Crescent Gardens building into luxury apartments. Mr Thorpe believed the development could be a big moneyspinner and eventually be worth upwards of £75m. However, after failing to submit a planning permission in time, HBC the plug on the deal, with the Harrogate Advertiser reporting that Mr Thorpe owed creditors £11m. The building was put back up for sale in early 2019 and had … (To read the full article, subscribe below)