Harrogate Town‘s EnviroVent Stadium is to undergo a £3.5m upgrade, which will include a new seated stand, match day bar and improved ticketing facilities.

Chairman Irving Weaver is footing the bill, which the club said in a statement will help the board’s ambition of creating a “sustainable and thriving club, for future generations to enjoy”.

The new stand will increase the ground’s capacity above the current limit of 5,000 fans. It will replace the Myrings Terrace and will be able to hold 2,000 fans.

A new bar will please fans, who have been unable to get a drink at games since they were promoted to the English Football League in 2020. This is because away fans are now segregated in the Myrings Terrace, which includes the 1919 bar.

Also planned is an extension of the corporate hospitality area, with more space for diners.

Home since 1920

The ground on Wetherby Road has been home to the Sulphurites since 1920, but in recent years it has struggled to keep pace with the club’s rapid rise up the divisions into the English Football League.

Fans were banned from a pre-season friendly against Sunderland last summer after North Yorkshire County Council found 17 “unacceptable risks” at the ground, which were related to fan safety.

Problems with the ticketing system also left some fans unable to attend a home match against Stevenage in September.

Read more:

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• Harrogate Town made £1m loss in first Football League season

Chief executive Sarah Barry said the club had listened to feedback from fans, which has helped to shape how the money will be spent.

She added that she hopes the investment, which will include an improved ticketing system, will improve the matchday experience.

Ms Barry said:

“This is a really exciting time for our club.  It’s now two years since we were promoted to the EFL for the first time in our history. As we come out of the pandemic and get back to regular fixtures and crowds, the time is right for us to invest in our future.

“Our proposals stem from listening to feedback from fans in a number of areas.  Easier ticketing, better flow through turnstiles and an improved refreshments offering are some of the suggestions that have been made and have been taken on board.

“We want to enhance the match day experience for our loyal and dedicated supporters who make this club.  We’ve seen bigger crowds, welcomed more young families and teenagers to the EnviroVent Stadium lately and we want to sustain and grow this, retaining and attracting our committed supporters of the future.”

Businesses in Yorkshire’s tourism industry are being invited to an online event to ask them what they want from a new tourism organisation.

In March the troubled tourism body Welcome to Yorkshire went into administration as council leaders withdrew funding for it.

The Yorkshire Leaders Board, which is made up of local authority leaders, says there now needs to be a new approach to marketing the county. It plans to set up a new organisation to replace WTY and will meet in May to agree a timeline for its creation.

In a statement on the new website Yorkshire Tourism it said:

“We would like to ensure that Yorkshire’s tourism and hospitality businesses, and local destination managers are involved in the development of this organisation. We believe in the power of collaboration and open communication, and look forward to creating a more positive future for the Yorkshire tourism industry.”

If you want to be part of the free Zoom discussion contact Yorkshire Tourism here. 

Property firm, Artium Group, launches in Harrogate

A new Harrogate firm specialising in property development, investment, construction, and asset management is to launch.

Artium Group is headed by property developer Thomas Shotton and chartered surveyor Sam Colley, owner of Ousebank Consultancy.

The firm will have three subsidiaries; Artium Investments, Artium Construction and Artium Asset Management.

The pair have already secured projects totalling almost £30m in gross development value including two high-end residential conversion schemes, a leisure conversion with a rooftop in Harrogate and a residential new build scheme in York.

Mr Colley said:

“We are thrilled to announce the establishment of Artium Group.

“Operating initially in Yorkshire and the Humber, we are positive about the prospect of owning and operating a portfolio, focussing on occupiers and their requirements which drive quality throughout and give our investors added confidence.”

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.

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

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.

Read more:

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North Yorkshire County Council has been accused of making a “trophy investment” by buying Harrogate’s Royal Baths for £9m, as part of a bid to raise money for frontline services.

The council set up the Brierley Group of firms, ranging from house builders to lawyers, in 2017 to bring together council-owned companies and save money. However, last year it reported a loss of £639,000.

With further losses forecast for the current financial year, some members of the authority have questioned whether the council has the necessary business acumen to run the array of firms.

A meeting of the Tory-led authority’s corporate and partnerships scrutiny committee heard the pandemic was continuing to significantly affect some arms of the Brierley Group.

Officers have estimated revenue returns for its property investment this financial year of £282,000, which equates to a return of 2.38 per cent.

The meeting heard the Royal Baths property comprises four commercial units, including a nightclub, bar and restaurant that had all closed for extended periods over the last two years, but also that “the longer term viability of some tenants is a concern”.

Officers said covid and the resulting lockdowns could not have been foreseen and officers were working closely with tenants to achieve a return to pre-covid performance as soon as possible.

‘Absolutely speechless’

After learning of the rate of return, Conservative member for Escrick, Councillor Richard Musgrave, told the meeting he was “staggered” to learn the council had invested £9m in the Royal Baths:

“I thought you might say a million for example for four units. I am absolutely speechless.”

“The performance looks very very poor. Several of the tenants are struggling by the looks of things. It looks like a poor investment, it looks like a trophy investment.”

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The meeting heard the council had carried out thorough checks before accepting tenants.

Councillor Gareth Dadd, the authority’s deputy leader who also chairs the council’s Commercial Investment Board, said the Harrogate Baths investment had been approved by the council’s executive.

He said businesses sometimes had to take non-payment of rent “on the chin”:

“It’s about the percentage rate of return of investment that we would expect and at the time it looked good. Even with covid, which has clobbered the market, we are still the right side of the line in terms of leaving the money in the bank. Overall, yes it hasn’t performed as well as anybody would have hoped, but we are still making a margin on it.”

The meeting heard a proposal, first revealed three years ago, for the council to set up a solar farm to generate more funding had been shelved after the set-up costs and time for a return on the investment were found to be prohibitive.

A covid-delayed project to refurbish a former Harrogate Borough Council office has taken a step forward after the approval of a £500,000 construction contract.

The council vacated Springfield House, at Harrogate Convention Centre, when it moved all of its operations to its new £13m civic centre at Knapping Mount in 2017.

The office has since been let out to businesses.

A planned refurbishment of the upper floors was due to start last year but hit delays as access was restricted during the convention centre’s use as an NHS Nightingale hospital.

At a cabinet meeting on Wednesday, councillor Graham Swift, deputy leader and cabinet member for resources, enterprise and economic development at the council, said he had been “thwarted and frustrated” by the setbacks.

He added that he welcomed the awarding of the £501,815 contract to York-based Lindum Group Limited after a competitive tender process.

The works will include new office spaces, a refurbished space for convention centre staff and a business incubator scheme which provides mentoring and support services for entrepreneurs starting out in business.

The ‘digital incubator hub’ will be funded through £540,000 through the Leeds City Region Local Enterprise Partnership and is expected to make the council around £49,000 a year.

This is according to a report which also said the other office spaces would generate around £40,000 a year when fully let.

Speaking about the Springfield House plans, councillor Swift said:

“I have been thwarted and frustrated with this project which we would have liked to have implemented over 12 months ago but as the project was up-and-running when then found ourselves in a covid environment.

“This is an essential project for the district and the sort of project other people are investing in too. I know Crescent Gardens is gathering momentum and other developers in town are keen to take advantage of what is going to a fluid but important space in the market for small start-up businesses to grow.”

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• Knaresborough free parking extension comes to an end this month. 

It comes as plans to transform the council’s former Crescent Gardens headquarters into offices and a roof garden restaurant have been formally submitted.

Harrogate-based property company Impala Estates bought the site in January last year for £4m. Its plans also include creating a gym, as well as turning the former council chamber and mayor’s parlour into meeting rooms.

This article is sponsored by James Henderson Wealth Management.

It’s estimated that considerable savings have been built up by some Brits during lockdown, and for many, especially younger people, this could be a once in a lifetime moment to think ahead.

If you’re one of the lucky ones who’ve been able to save money over the past year, do you have a plan for it?

You might be thinking about buying a new car, splashing out on a holiday, or simply saving it for a rainy day. If you’re thinking about saving, read on. If you’re not, read on anyway, because it might change your mind!

Jim Henderson, of Harrogate-based James Henderson Wealth Management, has some top tips for helping you get as much wealth out of your money as you can, aiming for you to live the lifestyle you want in years to come. Jim can help you prepare financially for your future, regardless of your income.

Jim says:

“People often think you need to have vast amounts of money to invest, but in reality you don’t have to be wealthy to create wealth.

“Even if you only save a small amount each month, if you plan properly now, I can help you reap rewards in later life, by utilising tax breaks to keep as much of your existing money as possible.”

Jim’s tips:

1. Start saving sooner rather than later

Albert Einstein reportedly called compound interest the ‘eighth wonder of the world’. Put simply, the earlier you invest, the longer your money has the potential to gain interest and grow, and as Jim puts it, “what’s important for investments is time”. 

“Let’s say you’re planning to retire at age 67, and make a £200 pension contribution per month:

If you start saving at age 20, your estimated pension fund at retirement might be £349,000.

If you start saving at 30 it could be £215,000.

And if you start saving at 40, it might be £123,000.”

Please note that these figures are for example purposes only and they are not guaranteed – they are not minimum and maximum amounts. What you get back depends on how your investment grows and the tax treatment of the investment. You could get back more or less than this. 

2. Put your savings in an Individual Savings Account (ISA)

Gone are the days when the best way to save money was to put it in a piggy bank or hide it under the mattress – or even just leave it in your current account.

If you don’t put your savings somewhere tax efficient, you could end up paying tax on any interest you gain… one of the most popular ways around this is to put it in an ISA.

Everyone gets an annual ISA allowance, meaning you can save up to £20,000 each year and any growth received is not subject to income tax or capital gains tax.

Jim explains:

“The ISA allowance is a ‘use it or lose it’ situation. Once the tax year has ended, you can’t go back for more tax-free investment. This tax year ends on 5 April, so my advice is to get organised and move some savings to an ISA this month.”

3. Pay into your pension

New freedoms to take benefits and generally leave pension savings as tax-free inheritance have made paying into a pension even more attractive than it was a few years ago – but the tax man actually adds to your savings as well.

For most people, for every 80p you put into a pension, then government will automatically add 20p in tax relief, so a £1 contribution can effectively cost you just 80p. Higher earners can claim extra tax relief through their annual tax return, paying 60p for a £1 contribution.

4. Speak to a professional

It’s normal to feel confused about finances, but that’s where the experts like Jim come in: he can explain everything you need to know in a way that makes sense to you.

“The word ‘financial adviser’ is scary enough for people, but we’re really just about helping people to build their finances in the best way for them.

“If our car breaks down, we see a mechanic; if our body hurts, we consult a doctor. So the same logic follows for our financial situations.”

To get in touch with Jim for advice on ISAs, pensions, or investments, visit his website. 

The value of an investment with St. James’s Place will be directly linked to the performance of the funds selected and may fall as well as rise. You may get back less than the amount invested. An investment in equities does not provide the security of capital associated with a deposit account with a bank or building society.

The levels and bases of taxation, and reliefs from taxation, can change at any time and are generally dependent on individual circumstances.

James Henderson Wealth Management is an Appointed Representative of and represents only St. James’s Place Wealth Management plc (which is authorised and regulated by the Financial Conduct Authority) for the purpose of advising solely on the Group’s wealth management products and services, more details of which are set out on the Group’s website www.sjp.co.uk/products.