Investment for sale - 62 Powis Street, London

The property comprises prime high street retail investment opportunity occupying a high footfall pedestrianised pitch. Arranged across ground floor and two upper floors, the property is fully let to Vesta Restaurants Limited t/a Taco Bell on a 15 year lease expiring 06.01.2037 and paying £67,500 per annum. The property occupies a prime pitch fronting Powis Street, the principal retail street in Woolwich. The street is characterised by a mix of national retailers including, Iceland, McDonalds, Nandos, Specsavers & Greggs. The surrounding area is set to benefit from significant residential development, further improving footfall, with currently 2,258 units either proposed or approved across four local developments.