The Yorkshire Hotel, Prospect Place, Harrogate, HG1 1LA

Summary

JLL Hotels & Hospitality Group has been appointed to sell the Yorkshire Hotel by way of an asset sale.

Location

The hotel is located in the centre of Harrogate, facing onto Prospect Place overlooking manicured gardens and the park. To the rear, the hotel has direct access to John Street which forms part of the main retail area occupied by a range of local and national retailers and restaurant chains. Harrogates main shopping district is concentrated on Cambridge Street, Oxford Street, Beulah Street and James Street where most of the high street shops can be found. There is a wide variety of boutique and designer shopping on Parliament Street and in the Montpellier Quarter, as well as independent shopping around Commercial Street.

Investment Highlights

• 81 en suite guest bedrooms
• Dedicated restaurant and bar entrance, accessed directly off John Street, with neighbouring occupiers including Las Iguanas, Pitcher & Piano and Banyan Bar & Kitchen
• Three meeting/conference rooms (maximum 100 capacity)
• Less than 0.5 miles from Harrogate Convention Centre (one of the largest in the UK) and opposite the world famous Bettys Cafe Tea Rooms
• Extensive ancillary areas with development potential and opportunity to significantly reposition the hotel with various branding options
• Dedicated hotel car parking bays immediately to the front of the property for 32 vehicles
• Available unencumbered providing prospective buyers complete operating flexibility
• Tenure part Freehold part Long Leasehold (95 years remaining) at a peppercorn rent

Price