Lender invests £3m in new Harrogate flats

Marketplace lender Assetz Capital has invested £3m into the development of new flats in Harrogate town centre.

Harrogate-based Tate Estates planned to build 12 two-bedroom apartments at 108 Station Parade by last year.

A graphic of the development

The development will be situated on 108 Station Parade in Harrogate central

However, the scheme encountered problems due to covid. Lockdowns and construction material shortage disrupted the building schedule.

Ciaran McGivern, relationship director for Assetz based in the north-east, acts as a retained advisor for Tate Estates.

He said:

“I’m delighted to be helping a high-quality client in Tate Estates with their development in Harrogate.

“We hope to continue the excellent working relationship we have established, and this is the first of many successful deals we can fund.”

Rhys Davies, group finance director of Tate Estates, said:

“It was fantastic to get this investment from Assetz on what will be the first in a series of platform development deals.”

It is now hoped the block of flats will be completed in the second quarter of this year.

Harrogate district entrepreneurs boosted by start-up competition

Karen Allen, Kidzplay Play Box

StriveLive, an initiative which helps start-ups, has run a competition to help grassroots entrepreneurs in the Harrogate district launch their business

The StriveLive Harrogate project was funded by Harrogate Borough Council and commissioned by the York and North Yorkshire Growth Hub.

Fourteen local entrepreneurs received help from StriveLive through a series of workshops, advice sessions and challenges over seven weeks.

The candidates then competed to impress business experts for the chance to win £2,500.

Business experts from the National Grid, Buying Hobbycraft, Harrogate Borough Council and YNY Growth Hub were included on the panel.

They awarded prizes to participants in five categories.

Karen Allen from Kidzplay Play Box picked up two awards. She won ‘most customer orientated’ and ‘best business concept’.

Hanna Dilley, founder of Benji’s Bites toddler food, won ‘best marketing,’ with Oliver Brown’s business, Wrapd Studios, winning ‘best branding’.

Ms Allen said:

“Strive popped up on my social media at a point when I was searching for support with the business.

“The company gave me the confidence to move forward, the understanding to face the challenges, and the connections within the local area to continue the support after the course finished.”

Clare Parish, from Four Legs Pet Care, and Graham Dodds, from GMD Home Improvements, both received Strive start-up awards.

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