FOR SALE Office Investment / Redevelopment Opportunity - Sanderson Weatherall
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FOR SALE
Office Investment / Redevelopment Opportunity
Harrogate Railway Harrogate Convention Centre
Bettys Tea Room
Station
GIA: 999.6 sq m / 10,759 sq ft NIA: 708.8 sq m / 7,629 sq ft
sw.co.uk
Craven Lodge & The White House, 37 Victoria Avenue, Harrogate, HG1 5PX
Location
The property occupies an excellent position on the corner of
East Park Road and Victoria Avenue. Victoria Avenue is an
attractive tree lined road characterised by high end residential
properties and professional office occupiers including solicitors,
architects and financial services firms.
The locations benefits from easy access to Harrogate Railway
Station (approx. 5 minutes walk away), the town centre and a
variety of local amenities.
Harrogate is a prosperous spa town in North Yorkshire and is
situated at the geographical centre of the UK. In addition to a
daily rail service to London Kings Cross, Harrogate is
conveniently situated approx. 15 miles North of Leeds, 20 miles
West of York and 10 miles from Leeds Bradford Airport.
The town has a population in excess of 75,000 in addition to a
working-age population of almost 3 million within 1 hours drive. It
is home to leading businesses such as Taylors of Harrogate,
Vocalink, Covance and Reed Boardall and forms part of Leeds
City Region which has a £69 billion economy.
Key facts on the town include:
• Harrogate District has approximately a £3.85 billion economy
(GVA) and is home to 9,200 businesses.
• Nine Universities within an hours drive
• Internationally recognised Conference & Exhibition Centre
• Location suitable for residential and office use
Craven Lodge & The White House, 37 Victoria Avenue, Harrogate, HG1 5PX
Description
The property comprises a period building which at present is split into two parts. The
building is not listed but forms part of the Harrogate Conservation Area.
Craven Lodge fronts Victoria Avenue and consists of the main double fronted period
dwelling. Previously the accommodation was split into multiple office units accessed
from a joint entrance hall.
The White House is situated toward the rear of the site and has offices arranged over
two floors. This part benefits from its own reception area and also a separate vehicle
entrance off East Park Road.
Car parking is provided along the southern and western boundaries with a minimum
of 8 spaces provided. Overall site area extends to approx. 0.13 hectares (0.32 acres).
Tenure
Freehold - Craven Lodge is sold with the benefit of vacant possession. The White
House is subject to an existing occupational office tenancy.
Planning
The property is considered suitable for a variety of uses subject to the necessary
consents including Use Classes A2 Financial and Professional Services, B1
Business, D1 Non-Residential Institutions and D2 Assembly and Leisure.
Energy Performance Certificate Rating
Craven Lodge - E(120)
The White House - E(114)
Craven Lodge & The White House, 37 Victoria Avenue, Harrogate, HG1 5PX
Proposal
The Vendor is inviting offers for the property on a conditional and unconditional basis.
Offers are invited in excess of £1,500,000
VAT
We understand the property has been elected for VAT.
Costs
Each party will be responsible for their own legal costs incurred in the documentation of this
transaction. The purchaser will also be responsible for Stamp Duty Land Tax and any VAT
incurred where applicable.
Business Rates
Local Authority Reference Description Rateable Value
Craven Lodge Basement Store and Premises £5,900
N01083300381
Craven Lodge GF Offices Offices and premises £24,500
N01083300379
Craven Lodge FF Front Offices Offices and premises £17,750
N01083300382
Craven Lodge FF Rear Offices Offices and premises £7,200
N01083300383
The White House Offices Offices and premises £19,000
N01083300377
Craven Lodge & The White House, 37 Victoria Avenue, Harrogate, HG1 5PX
Tenancy Summary - The White House
Tenant Hill Cannon Consulting Engineers Ltd
Term 8 years from 1st August 2020
Rent Passing Initial £10,000 p.a. in Year 1 rising to £25,000 p.a. thereafter until the review date
Rent Review On the fifth anniversary of the commencement date to open market rent
Repairs Effective FRI Viewing and Further Information
Break Options Tenant only – 14 July 2025
Lease Expiry 31st July 2028
A sales pack including a full measured survey (pdf.
and dwg. format), tenancy information,
Craven Lodge Accommodation The White House Accommodation photographs and EPC can be provided on request.
Net Internal Area Sq M Sq Ft Net Internal Area Sq M Sq Ft
Basement 171.1 1,842 Viewings are strictly by appointment with the sole
Ground Floor 92.3 994 agent Sanderson Weatherall:
Ground Floor 181.2 1,950
First Floor 74.3 800
First Floor 189.9 2,044 Andrew Ellis
Total 166.6 1,794 0113 221 6040
Total 542.2 5,836
andrew.ellis@sw.co.uk
Gross Internal Sq M Sq Ft Gross Internal Sq M Sq Ft
Area Area
Henry Tyrrell
Basement 237.9 2,560 Ground Floor 124.5 1,340 0113 221 6151
Ground Floor 280.1 3,015 henry.tyrrell@sw.co.uk
First Floor 100.7 1,084
First Floor 256.4 2,760
Total 225.2 2,424
Total 774.4 8,335 Sanderson Weatherall, 6th Floor, Central Square
29 Wellington Street, Leeds, LS1 4DL
Misrepresentation Act 1967: Messrs Sanderson Weatherall LLP for itself and for the vendor(s) or lessor(s) of this property whose agents they are, give notice that: 1) These
particulars do not constitute any part of an offer or contract; 2) None of the statements contained in these particulars as to the properties are to be relied on as statements of
representations of fact; 3) Any intending purchasers must satisfy themselves by inspection or otherwise as to the correctness of each of the statements contained in these particulars;
4) The vendor(s) or lessor(s) do not make or give and neither Messrs Sanderson Weatherall LLP nor any person in their employment has any authority to make or give any
representation or warranty whatsoever in relation to this property; 5) None of the building’s services or service installations (whether these be the specific responsibility of the
freeholder, lessor or lessee) have been tested and are not warranted to be in working order. Finance Act 1989: Unless otherwise stated all prices and rents are quoted exclusive of
VAT. Consumer Protection from Unfair Trading Regulations 2008 and Business Protection from Misleading Marketing Regulations 2008; Every reasonable effort has been made by
Sanderson Weatherall to ensure accuracy and to check the facts contained in these particulars are complete. Interested parties are strongly advised to take appropriate steps to
verify by independent inspection or enquiry all information for themselves and to take appropriate professional advice.
Sanderson Weatherall LLP Registered in England company number OC 344 770 Registered Office 6th floor, Central Square, 29 Wellington Street, Leeds, LS1 4DL
March 2021
sw.co.uk
Craven Lodge & The White House, 37 Victoria Avenue, Harrogate, HG1 5PX
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