Land for sale in Wick Tower, Ground Floor, 138 Powis Street, Woolwich, London SE18

£1,800,000
Interested in this property? Call +44 20 8033 8552 * or Request Details

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Land for sale

Property features

  • Potential residential conversion, 12 x 2 bed flats + car park
  • Virtual freehold for sale, vacant commercial E class unit
  • 12,300 sq ft over one floor, easy split into 6 shops/offices, or ideal for church/assembly hall
  • Woolwich arsenal DLR & main line station, within A few minutes walk

Property description

A former Co-op store having in excess of 12,000 sq ft of shell space on the ground floor with rear access and large car park. A planning report is available following meetings with the Royal Borough of Greenwich which suggests the property would convert into 12 x 2 bedroomed flats.

The upper part has been sold some time ago and converted into residential apartments where the external cladding will need to be replaced and Government funding is already in place to the tune of £14m. We are told that £7m has already been allocated to the work and the balance will be paid on completion . In addition, a further £250,000 has been agreed as a rental payment for use of the ground floor space as a builder's store whilst the work is going on.

12,300 shell & core space
36 metre frontage (118 ft)
potential to convert into 12 X 2BED flats (StoP)
ideal for church, meeting hall/assembly rooms
possible to subdivide and create 6 separate units

Large car park to rear


Municipal surface car park opposite - 80p an hour

Property info

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For more information about this property, please contact
John Payne Commercial, SE3 on +44 20 8033 8552 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by John Payne Commercial, and do not constitute property particulars. Please contact John Payne Commercial for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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