INVESTMENT RETAIL/RESIDENTIAL

Key Points

• Fully Let Freehold Investment opportunity
• Total Estimated Rental Value say £26,800 pax
• Shop let to well established local pet supplies business
• New lease agreed on the shop
• Affluent location near J5 of the M3
• Popular retail parade with customer parking

Description

8 Grand Parade comprises a ground floor retail unit currently let to Hook Pet Supplies Ltd since 2015, and they have recently agreed to a new full repairing and insuring lease, which is currently being documented. The shop is open plan and has a WC accessible for staff, a small kitchenette, storage area at the back of the shop and a garage to the rear accessed via a service yard, which is suitable for deliveries. There is generous customer car parking in front of the retail parade, and further rear car parking for staff / residents in the rear yard which is not allocated.

The maisonette is set over two floors and offers family living spaces presented with light, neutral décor. The front door opens into an entrance hall with stairs directly in front which leads to three reasonably sized bedrooms. A fully fitted kitchen is equipped with appliances and access to an outdoor terrace. The property has a large living / dining room, a family bathroom and there is gas fired central heating throughout.

Available area

The accommodation comprises the following areas:

Location

8 Grand Parade forms part of a popular retail / residential parade at the junction of Station Road and London Road and within a mile of the M3 motorway (Junction 5) providing excellent road links to London, the South Coast and the West. Hook mainline station is within easy walking distance and provides a frequent service to London (Waterloo) with a journey time of approximately 45 minutes. There is a wide range of local amenities and shopping facilities including Boots adjacent, and Tesco store.

Hook has seen a rapid rise in development in recent years with new-build apartments and retirement homes under frequent development. As well as this the new development of Sainsbury's, on the outskirts of the village is likely to attract residents from neighbouring locations such as Odiham and Hartley Wintney.

Tenancy/Lease

Please contact agent for further details with regard to the tenancy / lease details.

Anti Money Laundering

To comply with Anti Money Laundering regulations, Curchod & Co undertake ID checks for all successful purchasers and tenants where legislation requires us to do so.