Howard Town. Retail Victoria Street GLOSSOP RETAIL AND LEISURE CONVERSION AND DEVELOPMENT. Development by:

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1 Victoria Street GLOSSOP RETAIL AND LEISURE CONVERSION AND DEVELOPMENT Development by:

2 Glossop, Howard Mill Artists Impression. For Identification Purposes Only.

3 LOCATION Glossop is an affluent former mill town and the largest settlement in the High Peak region, lying just outside of the Peak District s National Park boundary. The town is located approximately 12.5 miles East of Manchester and 25 miles West of Sheffield. The town benefits from excellent transport infrastructure, located on the A57, the principal route between Manchester and Sheffield. It provides a direct link to Junction 4 of the M67, approximately 6 miles to the West. Furthermore, Glossop railway station provides a frequent, direct, service to Manchester Piccadilly, with a fastest journey time of 35 minutes. Howard DEMOGRAPHICS Glossop has an urban area population of approximately 32,000, rising to over 195,000 within 6.5 miles of the town centre and 1.17 million within 12 miles. It has a shopping catchment population of approximately 47,500 people and there is very little leakage given the distance to other major conurbations. The town boasts strong demographics and the general economic well being of the town and the wider district area are demonstrated by the following social economic statistics*:- Symbols of Success: 10.34% of the urban area population (UAP), compared to 9.7% nationally. Happy Families: 20.82%of UAP, compared to 11.64% nationally. Welfare Borderline: 0.48% of UAP, significantly below the national average of 6.16%. Class Groupings: 24.3% of UAP are classes as AB groupings (Higher and intermediate managerial/administrative/professional), compared to 21.7% nationally. Home Ownership: Above average, with 74.5% of houses owneroccupied compared to 68.3% nationally. Car Ownership: An above average proportion of the Glossop UAP own either one or two cars. * Source: Experian SITUATION Howard Mill occupies a prominent position on Victoria Street which adjoins High Street West (A57), the main route through Glossop. The site is situated in the heart of the town where a number of the High Street banks and building societies are found as are Boots, Greggs, Costa Coffee and Dolland & Aitchison to name a few. Wren Nest Park is located just 0.5 miles from the site and many of the national out of town retailers are represented here, such as Tesco, Next, Argos, Brantano, Pets At Home, Halfords, Carpetright, KFC and Wickes. DESCRIPTION The site comprises approximately 3 acres, and will provide a mixed use redevelopment of the existing mill to incorporate residential apartments above retail and leisure space. The commercial element of the scheme incorporates approximately 60,000 sq ft of floor space arranged across a number of units on the ground floor level with the upper floor accommodation providing a 62 bedroom hotel which has already been prelet to Travelodge as well as 49 apartments spread over the remaining upper floor space which have also already been pre sold. The scheme will benefit from a substantial car park, which will be shared by the retail and leisure occupiers. The car park will be operated and managed by the landlords as a short stay shopper s car park.

4 UNIT DESCRIPTION Mezzanine Mezzanine First Floor SQM SQFT Under Offer - A3 Under Offer - Foodstore Under Offer - Coffee Shop Under Offer - High St Fashion Exchanged Bed Hotel 49 Residential Appartments UPPER FLOORS First-Second Floors Second Fifth Floors Exchanged Pre Sold Basement Level (Residents Only) PARKING NUMBERS EXCHANGED / UNDER OFFER AVAILABLE

5 FURTHER INFORMATION/VIEWING For further information please contact:- Contact: Ian Gill TERMS/RENTS Upon Application. SERVICE CHARGE A Service Charge will be levied to cover the maintenance of the common parts of the scheme which will be calculated on a two tier basis to reflect the mixed use nature of the scheme. PLANNING Planning permission is currently in place for the conversion of the Mill for retail, offices, apartments and leisure uses and the construction of further new build accommodation. Company: Mowbray Gill Tel: ian@mowbraygill.co.uk Or Contact: James Ridings Company: Red Partnerships Tel: jamesr@red-partnerships.co.uk SUBJECT TO CONTRACT Jan 2011 LEGAL COSTS Each party to bear their own legal costs in respect of all legal documentation produced in this transaction. DISCLAIMER Peveril Securities and RED Partnerships Ltd give notice that: 1.They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2.Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Savills have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.