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62 Powis Street, London

Guide Price
£675,000

£242.54 per sq ft

Business rates & charges may apply

Savills, Savills Auctions- Commercial
SIZE AVAILABLE

2,783 sq ft

259 sq m

SECTOR

Commercial property for sale

Key features

  • Prime Retail Investment Opportunity
  • Let to Vesta Restaurants Limited t/a Taco Bell
  • 15 year Lease Expiring 06.01.2037
  • Approx. 2,783 sq ft (258.5 sq m)
  • Prime Pedestrianised Pitch
  • Investment let at £67,500 p.a. (10% GIY on Guide Price)

Description

The property comprises prime high street retail investment opportunity occupying a high footfall pedestrianised pitch.

Arranged across ground floor and two upper floors, the property is fully let to Vesta Restaurants Limited t/a Taco Bell on a 15 year lease expiring 06.01.2037 and paying £67,500 per annum.

The property occupies a prime pitch fronting Powis Street, the principal retail street in Woolwich. The street is characterised by a mix of national retailers including, Iceland, McDonalds, Nandos, Specsavers & Greggs.

The surrounding area is set to benefit from significant residential development, further improving footfall, with currently 2,258 units either proposed or approved across four local developments.

Brochures

62 Powis Street, London

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Woolwich Arsenal Station0.1 miles
  • Woolwich Station0.2 miles
  • Woolwich Dockyard Station0.5 miles

About Savills, Savills Auctions- Commercial

33 Margaret Street, London, W1G 0JD

Notes

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