Data Storage Site – Currently Producing £16,268.35 pa – 20 Year Lease

A site/compound situated at the rear of The Wheeler Hub, a modern industrial estate situated in Bispham on the northerly side of Blackpool. We understand that the site is currently utilised as a data storage site for a broadband provider. The site and is bounded by palisade fencing and gated access.

Tenure

See Legal Pack

Tenancy

Let to CityFibre Limited (Company No. 09759465) by way of a 20 year lease from April 2021at a current rent of £16,268.35 pa. the lease incorporates 5 yearly rent reviews to RPI and incorporates a tenant break clause at any time after April 2031, subject to 3 months’ notice. A copy of the lease is available within the legal pack. CityFibre Limited was incorporated in 2015 and is part of CITYFIBRE HOLDINGS LIMITED (Company No. 07488363), the UK’s largest independent full fibre platform. One of the UK’s largest independent full fibre network operators, responsible for building and operating wholesale broadband infrastructure across towns and cities nationwide. Rather than selling broadband directly to homes or businesses, CityFibre provides the underlying fibre network that internet service providers use to deliver ultrafast connectivity. CityFibre is an independent wholesale full fibre network operator in the UK. It designs, builds, and operates fibre optic infrastructure that broadband providers use to deliver broadband services to homes and businesses. The company was established as a challenger to the UK’s long-standing broadband infrastructure provider Openreach. FY 2025* financials reported: - Revenue of £170m in 2025, up 27% YoY Adjusted EBITDA up 480% to £29m * Management accounts, pending final audit www.cityfibre.com CityFibre is based in London and is jointly owned by Antin Infrastructure Partners, Goldman Sachs Asset Management, Mubadala Investment Company, Interogo Holding, Newlight Partners and PATRIZIA’s European Infrastructure Fund II. Tenure: See legal pack Title number: See legal pack Local Authority: Blackpool Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/

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

Blackpool Borough Council

Additional Fees

Administration Charge - 2.75% inc VAT of the purchase price, subject to a minimum of £3600 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.