Sunday, March 3, 2024

Sale of York City Centre building kickstarts aparthotel transformation

Following a purchase in August 2021 and planning approval in December 2021, Grantside has agreed a sale to By Mansley Group to revitalise a prominent building in York City Centre with work set to start in the new year.

The former New Look Store at 4-6 Parliament Street, which is currently occupied by The Vintage Store, was bought last year by York developers Grantside and North Star.

Planning was secured to transform the underused upper floors into 19 holiday apartments and this part of the building has now been sold to serviced apartment specialist By Mansley Group and Grantside will deliver the completed apartments to them in late 2023.

The remaining ground floor and basement space is set to undergo an extensive refurbishment to bring it up to modern standards, following the short-term letting to The Vintage Store.

York-based architects Vincent & Brown designed the remodelling of the 15,530 sq ft building which will now include separate entrances for the retail and residential accommodation.

Steve Davis, CEO of Grantside, said: “As a proud York company it is great news to see major progress as we breathe new life into this key building and give it a sustainable new future. We are excited to get ready to start work on updating the existing retail space and refurbishing and renovating the upper floors back into beneficial use for serviced apartments.”

A message from the Editor:

Thank you for reading this story on our news site - please take a moment to read this important message:

As you know, our aim is to bring you, the reader, an editorially led news site and magazine but journalism costs money and we rely on advertising, print and digital revenues to help to support them.

With the Covid-19 pandemichaving a major impact on our industry as a whole, the advertising revenues we normally receive, which helps us cover the cost of our journalists and this website, have been drastically affected.

As such we need your help. If you can support our news sites/magazines with either a small donation of even £1, or a subscription to our magazine, which costs just £31.50 per year, (inc p&P and mailed direct to your door) your generosity will help us weather the storm and continue in our quest to deliver quality journalism.

As a subscriber, you will have unlimited access to our web site and magazine. You'll also be offered VIP invitations to our events, preferential rates to all our awards and get access to exclusive newsletters and content.

Just click here to subscribe and in the meantime may I wish you the very best.

Latest news

Related news