Property unavailable This property advert is no longer active. It is possible that the same property has been re-advertised under a separate listing, click below to view any replacement or similar listings. Show similar properties Please note we do not have names or contact details of anyone currently occupying this building we are also unable to provide details of the agents that posted the original advert with us. If you are the owner of the building and would like to re-post this advert please email renewals@novaloca.com If you would like to know if this, or any similar property comes back or on to the market please click here to get updates by email. Street view 7 Grand Parade, Station Road, Hook, RG27 9HF 1,432 Sq Ft / Other / Investment Withdrawn - Last updated: 30 January 2025 Summary7 Grand Parade comprises a ground floor retail unit which has been operating as a Travel agents (t/a Toucan Travel) for many years. The shop is currently arranged as a sales area with ancillary / store behind and rear access for deliveries. Staff w.c and welfare fascilities are provided to the rear. There is generous customer car parking in front of the retail parade, and rear car parking for staff / residents which is not allocated. There is a maisonette above which is arranged at First and Second floors accessible via the stair cases either end of the parade. The maisonette is arranged with an entrance hallway with stairs leading to 3 bedrooms (2 double and 1 single), and a bathroom. The downstairs is arranged with a generous lounge / dinner and separate kitchen which leads out to an enclosed terrace / garden area. We understand there is a separate lock up garage in the block behind.Key PointsRetail unit let at £13,600 pa exclusive of VAT and all outgoingsStepped Rent increase for the Ground Floor from 18th March 2024The flat is let at £1,200 per calendar month on a 12 month AST from 10th February 2024Shop let to well established chain of travel agents (t/a Toucan Travel)Affluent location near J5 M3 MotorwayLease/TenancyThe retail premises is let to Toucan Travel, which was acquired by Travel Corp Midlands Limited. The lease is granted for a term of 6 years, from 18th March 2021. The current passing rent for the shop is £13,600 per annum exclusive, payable quarterly in advance. From 18th March 2024 to 17th March 2025 the rent will increase to £15,000 per annum exclusive of VAT and other outgoings, then from 18th March 2025 to 17th March 2026 the rent will be £16,000 per annum exclusive of VAT and other outgoings, then from 18th March 2026 and onwards the rent will be £17,000 per annum exclusive of VAT and other outgoings. The flat is let at £1,200 per calendar month on a 12 month AST from 10th February 2024. There is a Landlord break clause which can be activated from 15th August 2024 subject to giving the Tenant 2 months prior notice in writing. There is a Tenant break clause which can be activated from 9th August 2024 onwards, subject to giving the Landlord 2 months notice in writing. Curchod & Co can provide the full documentation upon request.Anti Money LaunderingTo comply with Anti Money Laundering regulations, Curchod & Co undertake ID checks for all successful purchasers and tenants where legislation requires us to do so.Legal Costs/VATEach side to be responsible for the payment of their own legal costs incurred in the sale. Prices are quoted exclusive of VAT which may be charged.EPCGround Floor Retail Unit = C (70) Residential Flat = D (67)Location7 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. Next Steps Contact an agent now The 'Contact agents' section contains agent phone number and a contact form. You can also request a viewing from here. Contact agent View similar properties View a list of similar properties in this postcode. You can also use the search filter at the top of the page to refine your search criteria. Show similar properties Send me updates To get regular updates about similar properties that match your search please register your email address. Get email updates Add to my shortlist Add this property to your shortlist. Just provide your name and email address so you can access these at a later date. Add to watchlist