Pyramid Pharmacy, 66 Powis Street, London
£341.01 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
2,302 sq ft
214 sq m
- SECTOR
Mixed use property for sale
Key features
- Prime Mixed-Use Investment Opportunity
- Ground floor unit let to Pyramid Pharmacy on a 15 Year Lease Expiring 23.05.2032
- Upper Parts Comprising 2 X One bedroom flats
- Both Flats Let on Separate ASTs
- Approx. 2,302 sq ft (213.86 sq m)
- Prime Pedestrianised Pitch
- Investment Let at £78,500 p.a. (10% GIY on Guide Price)
Description
Arranged as a ground floor retail unit with 2 x One bedroom flats to the upper parts, the property is fully let to separate tenants producing a combined £78,500 per annum.
The ground floor is let to PF Pharma Limited t/a Pyramid Pharmacy on a 15 Year Lease Expiring 23.05.2032 paying £53,000 per annum.
The upper parts comprise 2 x One bedroom flats accessed from the rear of the property let on separate ASTs to private individuals producing £13,200 and £12,300 respectively. Please see the tenancy schedule for more information.
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
Pyramid Pharmacy, 66 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
Notes
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