Multi-Let Town Centre Investment Property – Currently Producing £149,322 per annum

Investment Summary Prominent mixed-use town centre property providing a diverse income stream from established national and local tenants including Costa Coffee, RSPCA, Napoli Restaurant, Glossop Wholefoods and others. The fully let income-producing asset currently generates £149,322 per annum, with further asset management opportunities. Description & Accommodation A substantial three-storey detached former Co-Op building, configured to provide multiple ground-floor retail units, upper-floor office accommodation and a lower-ground-floor nightclub. Tenants & Use Breakdown • Costa Coffee (Unit 1) – Ground floor retail • Napoli Restaurant (Unit 2) – Lower ground floor restaurant • Glossop Wholefoods (Unit 7) – Ground floor retail • Various Local Retailers including a salad bar and craft/soap shop • Cask Bar (Units 4–5) – Bar and restaurant over multiple floors • RSPCA (Unit 6) – Multi-level retail and ancillary space • Night Club (Unit 9) – Lower ground entertainment venue • Multi-Let Offices (Units 10 & 11) – Upper floor office suites and conference facilities Total Net Internal Area: 2,164.11 sqm (23,295 sq ft) approx. Rental Income: £149,322 per annum Full tenancy schedule and lease documentation available upon request. Location Situated in the heart of the popular Derbyshire market town of Glossop, approx. 9 miles east of Stockport and 24 km from Manchester. The property occupies a prime trading position fronting Norfolk Square, a short walk from Glossop Railway Station and close to the Howard Town Shopping Park (anchored by Travelodge, M&S Food & Wetherspoons). Tenure: Freehold Title number: DY174027 Local Authority: High Peak Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/

Tenure

Freehold

The property has the following energy performance ratings:

Unit 1 Band B Unit 2 Band B Unit 3 Band B Unit 4 Band C Unit 5 Band B Unit 6 Band B Unit 7 Band C Unit 8 Band C Unit 9 Band C Unit 10 Band D Unit 11 Band C

IMPORTANT INFORMATION

Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit and auction fees immediately. As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract. You must not bid unless you wish to be bound by the common conditions of auction.

ANTI-MONEY LAUNDERING REGULATIONS

In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser. Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor. Auction House will not be held responsible for any failure to disclose any such defects. Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars. Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.

Local Authority

High Peak Borough Council

Solicitors

Thompson & Cooke, Ref: Thompson & Cooke

Offered in association with

Roberts & Roberts

Additional Fees

Administration Charge - 1.2% inc VAT of the purchase price, subject to a minimum of £2500 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.