An apart-hotel operator in York is embarking on a major expansion programme after getting a city centre building.
Work initiated a policy of immediately to improve the house and property into a fashionable development of short stay serviced apartments during a 2.8 million investment.
The Lawrance Luxury Apart-Hotel has acquired 45 Tanner Row C near Micklegate in York city centre.
The former office building covers approximately 7,500 feet square over three floors and tasks are now underway transforming the house into 13, one bedroom apartments, that could open this autumn.
Russell Burnett, from Yorkshire lawyers LCF Barber Titleys, advised the corporation on the acquisition.
The Lawrance launched its apart-hotel concept nearly several years ago inside of a neighbouring building on Micklegate, where it gives 14 apartments and Caf74.
In addition, this company has 19 luxury short stay serviced apartments in Harrogate spread over three central locations.
Simon Bullock, a Director at The Lawrance, said: “45 Tanner Row is usually a stunning building that’s packed with character in the key conservation area which is approximately 100 metres from existing site, which made it the best property to inflate into.”
Russell Burnett from LCF Barber Titleys added: “The Lawrance Luxury Apart-Hotel has built up a loyal clients and developed a great history of itself throughout York and Harrogate inside of a relatively short time.
“Having caused this company on other transactions, we have a strong relationship together and it’s really been an enjoyment to advise them for this key acquisition that can pave the way for their next phase of growth.”