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131 Powis Street 131 Powis Street, Woolwich, SE18 6JL
Use Class
E(a)
Size
6,040 sq ft
Rent pa
£65,000
Market Sector
High Street Scheme
Description
The retail accommodation forms part of a Grade II listed building comprising three large shops with a 120 bed Travelodge hotel also incorporating a ground floor cafe bar.
Location
The development is situated within the town centre which is currently attracting major regeneration projects in the residential, commercial and transport sectors. Crossrail is due to open 2018.
Prominantly located opposite a large TK Maxx store of approximately 30,000 sq ft, this shop is immediately adjacent to two shoppers car parks providing a total of 150 spaces. Other nearby multiple occupiers include Primark, Boots, Peacocks, Store 21, Argos and Clarks.
Key Information
Viewing
Strictly by appointment.
Accommodation
6,040 Sq.Ft
Financial
Lease Type
New Lease
Lease Term
To be let on an, effectively, full repairing and insuring lease for a term of years to be agreed, subject to upward only rent reviews to open market value, at 5 yearly intervals, at a rental of £65,000 per annum exclusive.
Rent
Rent is exclusive of rates, insurance and VAT (if applicable).
Rates
Interested parties are advised to make their own enquiries to the Local Authority.
Costs
Each party is responsible for their own legal and other professional costs incurred in the transaction.
Tenure
Leasehold
Sustainability
Energy Performance Certificate
Disclaimer
All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.
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