Guide price
£390,000
Retail premises for sale53 Powis Street, Woolwich, London SE18
Just added
Auction
Freehold
About this property
Guide Price = £390,000+
**For Sale By Public Auction 22nd April 2026 09:30 am. To inspect the legal documents for this property go to our website to download the legal pack**
A Mid Terrace Commercial Building Let to Virtue Specs Optician Subject to a Lease Producing £44,000 Per Annum
Tenure
Freehold
Location
The property is situated on a pedestrianised road close to local shops and amenities. Nearby multiples include Santander, Poundland and McDonalds. The open spaces of Wellington Park are within easy reach. Transport links are provided by Woolwich underground (Elizabeth line) and rail stations.
Description
The property comprises a mid terrace commercial building arranged over ground and two upper floors.
Accommodation
Ground Floor
Shop Area
First and Second Floor
Ancillary Space
Total G.I.A. Approximately 1,239 sq ft
Tenancy
The property is subject to a lease for a term of 10 years commencing 17th March 2021 at a rent of £44,000 per annum. Upwards only rent review outstanding from 17th March 2026.
**For Sale By Public Auction 22nd April 2026 09:30 am. To inspect the legal documents for this property go to our website to download the legal pack**
A Mid Terrace Commercial Building Let to Virtue Specs Optician Subject to a Lease Producing £44,000 Per Annum
Tenure
Freehold
Location
The property is situated on a pedestrianised road close to local shops and amenities. Nearby multiples include Santander, Poundland and McDonalds. The open spaces of Wellington Park are within easy reach. Transport links are provided by Woolwich underground (Elizabeth line) and rail stations.
Description
The property comprises a mid terrace commercial building arranged over ground and two upper floors.
Accommodation
Ground Floor
Shop Area
First and Second Floor
Ancillary Space
Total G.I.A. Approximately 1,239 sq ft
Tenancy
The property is subject to a lease for a term of 10 years commencing 17th March 2021 at a rent of £44,000 per annum. Upwards only rent review outstanding from 17th March 2026.
Mortgage calculator
Monthly repayment
£1,950 per month
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