PROSPECT House, the Harrogate shopping mall, has changed hands for £2.25 million.

Acting on behalf of the Bass plc pension fund, agents Chesterton has disposed of the freehold interest of the building in Prospect Place, James Street, to Highpoint Estates.

The price reflects a yield of seven per cent, with rental income totalling £168,200 from 25-year leases. Tenants include Austin Reed Ltd, Jaeger, Oddbins and Past Times.