Multimillion pound deal agreed for major Harrogate site
A leading Yorkshire law firm has announced the completion of the sale of a multi-million-pound site in Harrogate, with development poised for a major new healthcare facility.
Shulmans LLP, acting on behalf Albert Hymas Limited, assisted on the process of a successful completion of the sale of the property. Difficulties were encountered associated with planning and tight timescales. The sale concerned a significant development site off Harcourt Road, in a deal worth in excess of £3 million.
The former brown field site is over an acre in size and has been sold to Springfield Healthcare for future development. The sale marks the end of an era for Harrogate-based Albert Hymas Limited, a fourth-generation family business that has owned the site since 1904.
Richard Hymas, Director at Albert Hymas, said: “We are extremely pleased with Shulmans LLP who were able to guide the family through a complicated deal. The site will house a significant healthcare development which will really benefit the local community. We chose to draw upon the expertise of Shulmans LLP as a leading real estate firm. The team has been incredibly proactive in providing invaluable advice and guidance to enable us to realise our asset.”
Simon Jackson, Partner in the Shulmans Commercial Property unit said: “We are delighted to have completed the sale on behalf of Albert Hymas, drawing to a close a complex and multi-faceted transaction. We’re pleased that the site will be used to provide a much-needed facility in a convenient location at the heart of the community.”