Apollo Capital invests in new Harrogate HQ
The luxury vehicle finance broker is moving from Hornbeam Estate to the 14,000 sq ft Cardale House, purchasing the property for around £1.4m.
Fox Lloyd Jones acted on behalf of the seller, private investor and developer Trevor Wheatley, who built the property in 2001.
Cardale House was previously occupied by Intechnology and sits within Cardale Park’s business district, close to Harrogate town centre.
Handily, the property’s spec includes a full-height entrance atrium, which Apollo plans to utulise by turning the ground floor into a client entertainment space with the ability to showcase cars.
The sale is on a freehold basis and although the official price is undisclosed, it sold for close to the £1.4m asking price.
Apollo Capital Group, founded by industry specialists Andy King and David Moss, provides funding solutions for luxury, supercar, hypercar and classic vehicles for private clients and businesses.
Moss said: “Cardale House represents an exciting chapter for Apollo Capital Group. The acquisition of the 14,000 sq ft building provides the opportunity to create a bespoke headquarters for our business in a great location, and a working environment aligned with our reputation as specialists in the high-value vehicle finance sector, supporting high net worth clients and specialist motor dealers.
“Importantly, now this will be an amazing space for the team and company to flourish in the next stage of our growth plan. We are extremely grateful for the support from Nick Salkeld and FLJ throughout the process.”
Nick Salkeld, director at Fox Lloyd Jones, said: “Cardale House represented a rare opportunity to acquire a high-quality freehold building within one of Harrogate’s most established business districts.
“Demand throughout the process demonstrated the continued strength of the Harrogate office market and the growing appeal of the town as a business destination beyond Leeds.”
