A Mid Terrace Commercial Building Let to Virtue Specs Optician Subject to a Lease Producing £44,000 Per Annum
53 Powis Street, Woolwich, London, SE18 6HZ
A freehold mid terrace commercial building on Powis Street, Woolwich, let to Virtue Specs Optician on a 10-year lease producing £44,000 per annum. The property comprises ground floor retail space with ancillary accommodation on two upper floors (approximately 1,239 sq ft).
Full description
A mid terrace commercial building arranged over ground and two upper floors, situated on a pedestrianised road close to local shops and amenities. The property is held freehold. The ground floor comprises shop area, with ancillary space on the first and second floors. Total gross internal area is approximately 1,239 sq ft. The property is located on Powis Street, Woolwich, in close proximity to local shops and amenities. Nearby multiples include Santander, Poundland and McDonalds. Wellington Park is within easy reach, and transport links are provided by Woolwich underground (Elizabeth line) and rail stations. The property is let to Virtue Specs Optician on a lease for a term of 10 years commencing 17th March 2021 at a rent of £44,000 per annum. An upwards only rent review is outstanding from 17th March 2026.
Site plan
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