Congrats on the purchase, you'll love it. Mine is a Global TH1.5, which was sold for a few years by Ride On Cycles in Rawtenstall. It has the same characteristics of smooth ride, especially when fitted with a rigid eXotic carbon fork and a carbon seatpost, which compliment the frame very well. This bike is a bit of a "grandfather's axe" having changed and evolved over the years. When I first rode the frame, it was on a test bike from the shop built up with quite burly forks, good brakes and wide bars, which made for a bike that felt especially good on steep downhill stuff and which you could endo with confidence. Mine has evolved into more of an XC style with flat bars, original Hope minis, Suntour XC Pro thumbies (yes they can work with Hope brakes) and that fork. It's fast, light and smooth and you really don't notice the lack of suspension unless you bang down a kerb or a step. That stem was not one of Ride On's finest designs; having only a single clamp bolt for the bars it creaked like a good 'un so I replaced it with a shorter alloy jobbie.
It's a good bike for seven hour trailquests, for shouldering up mountains and for fast sprinty XC riding. After doing the High Street-Ullswater circuit on this with some riders on heavy FS bikes I had very considerably more left in the tank at the end of the day than they did! It's not fantastic on rocky downhill stuff though as you would expect.