FOR SALE MIXED USE INVESTMENT OPPORTUNITY

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FOR SALE MIXED USE INVESTMENT OPPORTUNITY CONTACT US Regent Thirsk, North Yorkshire, YO7 1HQ Mixed use residential and bar investment Total rental income of 52,200 per annum Prominent location

1 FOR SALE MIXED USE INVESTMENT OPPORTUNITY CONTACT US Regent Thirsk, North Yorkshire, YO7 1HQ Mixed use residential and bar investment Total rental income of 52,200 per annum Prominent location Redeveloped in 2006 Freehold Long unexpired term to Camerons Brewery Guide Price - POA Viewing is strictly by prior appointment with Colliers International, through: Josh Foy Corporate Restructuring Joshua.Foy@colliers.com Dominic Towler Corporate Restructuring Dominic.Towler@colliers.com Property Ref: Colliers International 1 Broad Gate The Headrow Leeds, LS1 8EQ

2 LOCATION Thirsk is a small market town in North Yorkshire with a population of approximately 4,998. Thirsk lies approximately 8 miles south east of Northallerton, 23 miles north of York and 24 miles north east of the spa town of Harrogate. The arterial road running through the town centre is the A61, connecting Thirsk to the market town of Ripon. The A19 passes Thirsk to the east, providing access to the north and south of the country via the motorway network. The subject property is situated in the centre of Thirsk occupying a northern position fronting Market Place (A61), in a predominantly retailing location. DESCRIPTION Regent House, formerly known as Regent Bingo Hall was redeveloped in The property was rebuilt utilising a steel frame whilst retaining the original brick façade. The mixed use property, which forms the end of a retail parade on Market Place, now provides a bar at ground and first floor and 4 apartments at second and third floors. Bar Premises: An end terrace unit comprising basement, ground and first floor accommodation. Not physically occupied, but currently fit out as a bar, both ground and first floor provide open plan accommodation. The basement houses the beer cellar, while the small commercial kitchen and office facilities are at first floor. Apartment 1: A second floor apartment comprising; 2 bedrooms, open plan Apartment 2: A second floor apartment comprising; 2 bedrooms, open plan Apartment 3: A third floor apartment comprising; 1 bedroom, open plan Apartment 4: A third floor apartment comprising; 1 bedroom, open plan The apartments share a communal entrance lobby, which is accessed via an intercom system. FLOOR AREAS The Properties have the following approximate Gross Internal floor areas: Property Size Sq Ft Size Sq M Bar Premises 3, Apartment Apartment Apartment Apartment ALTERNATIVE USES The property may suit alternative uses, subject to the necessary planning consents. Interested parties are advised to make their own enquiries in this regard. TENURE Freehold. Apartments 1 & 4 have been sold off Long Leasehold. Please refer to the Tenancy Schedule for further information. PRICE Price available upon application. TENANCIES There are currently three Leasehold agreements, these are summarised below: Bar Premises: Let to Camerons Brewery Limited on a 35 year lease dated 19 th June The rent passing is 40,000 per annum.

3 Apartment 2: Let on a 12 month Assured Shorthold Tenancy agreement from 19 th July The rent passing is 500 per calendar month. Apartment 3: Let on a 12 month Assured Shorthold Tenancy agreement from 15 th April The rent passing is 475 per calendar month. RATEABLE VALUE We understand the bar premises are listed on the 2010 Valuation List as follows: Property Description Rateable Value EPC EPC Ratings Property Bar Premises, Regent Apartment 2, Regent Apartment 3, Regent Energy Efficiency Rating E (116) C (76) C (74) Regent House, 3 Public House 23,750 Market Place, Thirsk, & Premises YO7 1HQ PLANNING Enquiries regarding planning matters should be directed to the planning department of Hambleton District Council on: VIEWING Viewing is strictly by prior appointment with Colliers International. SUBJECT TO CONTRACT UPDATED MAY 2017 SERVICES It is understood that mains water, gas, electricity and drainage, service the properties. It will be the responsibility of the purchaser to ensure that the services are available and suitable for any future intended use of the property. VAT VAT, if applicable will be payable in addition to the purchase price. LEGAL COSTS Each party is to bear their own legal costs in connection with the sale.

Tenancy Schedule Unit Floor Tenant Start Date End Date Term Passing Rent PA Bar Premises B, GF & FF Camerons Brewery 19.06.2007 18.06.2042 35 Years 40,000 Limited Apartment 1 SF P. Richards 09.05.

2007 04.12.3006 999 Years 250 Total 52,200 *Note - Plans are for identification purposes only and are not to scale.

not rely on them as statement must satisfy themselves by inspection or otherwise as to the correctness of each of them.

4 Tenancy Schedule Unit Floor Tenant Start Date End Date Term Passing Rent PA Bar Premises B, GF & FF Camerons Brewery Years 40,000 Limited Apartment 1 SF P. Richards Years 250 Apartment 2 SF B. Baker-Rand Year 6,000 Apartment 3 TF N. Fernley Year 5,700 Apartment 4 TF Mr & Mrs Hindmarch Years 250 Total 52,200 *Note - Plans are for identification purposes only and are not to scale. Misrepresentation Act Colliers International gives notice that these particulars are set out as a general outline only for the guidance of intending Purchasers, or lessees or Third Party should not rely on them as statement must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person in the employment of Colliers International has any authority to make any representation or warranty whatsoever in rel 02/05/2017. Colliers International is the licensed trading name of Colliers International Property Consultants Limited. Company registered in England & Wales no Registered office: 50 George Street, London W1U 7GA

Misrepresentation Act Colliers International gives notice that these particulars are set out as a general outline only for the guidance of intending Purchasers, or

No person in the employment of Colliers International has any authority to make any representation or warranty whatsoever in rel 02/05/2017.

5 Misrepresentation Act Colliers International gives notice that these particulars are set out as a general outline only for the guidance of intending Purchasers, or lessees or Third Party should not rely on them as statement must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person in the employment of Colliers International has any authority to make any representation or warranty whatsoever in rel 02/05/2017. Colliers International is the licensed trading name of Colliers International Property Consultants Limited. Company registered in England & Wales no Registered office: 50 George Street, London W1U 7GA

FOR SALE ASSET MANAGEMENT OPPORTUNITY

FOR SALE ASSET MANAGEMENT OPPORTUNITY 34, 34A & 34B High, Harrogate, HG2 7JE Mixed use investment Asset management opportunity Prominent roadside location 3,265 sq ft (303.44 sq m) Income producing CONTACT