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131 Powis Street - Picture 1
Let

131 Powis Street 131 Powis Street, Woolwich, SE18 6JL

Use Class

Use Class

E(a)

Size

Size

6,040 sq ft

Rent pa

Rent pa

£65,000

Market Sector

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

Areas
Sq.Ft
Sq.M
Ground Floor
3,950
366.95
Basement
2,090
194.16

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

81

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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