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Boutique property developer Countrylarge is set to develop a new aparthotel in central Harrogate.
The new aparthotel will be operated by Beyond Aparthotels, the UK’s first carbon-neutral serviced apartment brand.
Once completed, the scheme will offer eco-conscious accommodation with high-quality, flexible stays for both leisure and business travellers.
The development of a new 17-key, 25-bedroomed aparthotel has been made possible by a loan of £3.6m from OakNorth Bank. The hotel will be built directly opposite the Victoria Shopping Centre and close to both the town’s bus and train stations.
Founded in 2007 by Timothy Smith, Countrylarge specialises in residential, student, hospitality and mixed-use schemes across Yorkshire and the North of England, delivering over £250m of developments to date and has a secured delivery pipeline of around £200m GDV.
James Fry, founder of Beyond Aparthotels, said: “We are delighted to be operating this prime location site that is being re-purposed to provide generously sized rooms that range from studios to three-bedroom units. We will operate the site to the highest low impact and wellness standards enabling guests to live well, tread lightly and rest easy in the heart of Harrogate.”
James Espley, senior director of property finance at OakNorth, added: “We’re delighted to support this high-quality regional developer on a prime asset in Harrogate’s vibrant town centre.
“Under Tim’s leadership, Countrylarge has developed a hugely impressive track record, that coupled with the sector’s strong growth potential moving forward, gave us strong conviction in the scheme’s potential. We look forward to seeing the scheme brought to life and hope to support more of Countrylarge’s projects in the future.”
