Rushbond makes another Harrogate move

The developer has acquired the 10-storey Exchange office building from CEG, its second recent investment in the North Yorkshire town.

Rushbond said the acquisition is part of a strategic plan to grow its portfolio of well-located, best in class commercial assets in Yorkshire, having also recently purchased Bank House in Leeds – the former home of the Bank of England.

In another Harrogate project, work started in early February on the conversion of the Herald Buildings into apartments and retail.

Refurbishment is being lined up for the few vacant office suites at The Exchange, a prominent structure on the Harrogate skyline and one of few grade A workspaces in the town. The building offers around 55,000 sq ft of office space and is currently home to 11 businesses.

The building is described as benefitting from exceptional transport links with ground floor access to the railway station which offers direct connections to Leeds, York and London.

The Exchange is, said Rushbond, home to a wide range of businesses from software development companies to law firms and architecture practices, and also features two retail units on the ground floor.

Richard Baker, senior development surveyor at Rushbond, said: “The Exchange building represents an incredible asset management opportunity for Rushbond.

“There is no better address for businesses wanting to locate in central Harrogate, with stunning views across this beautiful spa town and countryside beyond. The transport links are second to none and there are substantial onsite car and cycle parking provisions.

“We believe the planned programme of works will reinforce The Exchange’s attraction to a range of future occupiers who see the benefits of locating here in one of the most attractive towns to work and live in the UK.”