Available
12,200 Sq Ft
£1,300,000
  • Ref: 85168
  • Type: Retail
  • Availability: Available
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Property Summary

Vacant ground floor E Use Class unit in Shell & Core

Full Details

Ground Floor E Use Class unit forming part of a modern mixed use development with newly developed upper parts.

The unit has a total GIA of 13,690 ft2 / 1,272 m2 with core for service lift. The net lettable area of c.12,200 ft2 / 1,114 m2 is all located at the Ground floor level. There are 5 car parking spaces and 1 x loading bay accessed via gates to the rear. The unit which has been vacant since 2018, following the re-development of the upper parts. The unit is in basic shell and core condition with capped services.

The open plan space with an impressive floor to ceiling height of c.14.76ft / 4.5m is also BREEAM certified. Potential to sub-divide into smaller units or apply for planning permission for a variety of alternative uses including a mixed-use scheme subject to obtaining the necessary planning consent.

Location
This substantial unit is located in the heart of Woolwich Town centre, on the partly pedestrianised Powis Street. Powis Street is host to a large selection of retail including high street as well as a number of cafés, restaurants and other amenities.

The site is within a 3-minute walk to Berkeley’s Royal Arsenal Riverside development which comprises over 3,500 new homes. Within a 5-minute walk of Woolwich Arsenal Station (Cross Rail, DLR Line and National Rail) with services to London City Airport (within 7-minutes) and direct services to Charing Cross, London Bridge, and Bank.

Terms
Available on a 999 year lease. The vendor is seeking unconditional and outright only bids to purchase the asset.

VAT
Plus VAT.