Nidd Vale Group Ltd have today (14th Sept 2011) announced plans to relocate their business from Leeds Road to Knaresborough with the Leeds Road site to become a Marks and Spencer.
Harrogate-News have been aware of the developments for a number of months but agreed with the Nidd Vale Directors to refrain from publishing until plans were developed further. Details of the plans were leaked to the wider press and Nidd Vale has taken the decision to make a statement although this announcement is earlier than they would of ideally liked.
Neil Crossley, Managing Director said:
The directors of Nidd Vale have for some years been looking for an opportunity to potentially relocate the Leeds Road business to facilitate the trading of both their Harrogate sales and aftersales operations from a single location.
Earlier in the year an approach was made by a leading, award winning development company, St James Securities, to investigate the opportunities of developing the Leeds Road site and relocating the Nidd Vale business.
After a detailed strategic review of all opportunities available to Nidd Vale it was agreed to progress the proposals further in partnership with St James Securities. This would potentially provide the Nidd Vale business with a up to date trading platform to protect existing jobs within the Harrogate district whilst, at the same time, creating new employment from the development of the Leeds Road site with partners sympathetic to the location and its business and residential neighbours.
Nidd Vale are delighted to confirm their plans are progressing well and it is hoped all surveys will be completed to submit a formal combined planning application, in conjunction with St James Securities, covering their Leeds Road development and new dealership facility at St Jame’s Business Park to Harrogate District Council during the fourth quarter of 2011.
Following significant early interest from a number of high street retailers, it is confirmed the preferred primary operator of the developed Leeds Road site would be Marks and Spencer plc, subject to the relevant planning consent being granted.
Nidd Vale have recently celebrated their 91st year of trading in North Yorkshire and look forward to many more years of successful trading from a purpose built, state of the art facility in Knaresborough to trade in conjunction with the existing Wetherby satellite operation.
Nidd Vale will be opening a consultation period in October where the general public will have an opportunity to comment on the plans.