Sainsbury Woolwich

Commercial Investment

There is little chance of a quick return to a housing boom despite the possibility of UK prices rising over the course of the year, surveyors say.

SAINSBURY’S FOOD STORE: WOOLWICH. SE18 6QW

We are instructed to seek in excess of £8,900,000 subject to contract reflecting an initial yield of 6%, a reversionary yield of 6.4% based on our ERV after allowing for purchasers costs of 5.7625%.

Description

The store arranged on ground and part mezzanine provides a purpose built food store beneath a large multi storey car park.

Lift access into the car park is directly opposite the entrance to the store.

Description Location

LOCATION

Woolwich is located approximately 11 kms (7miles) east of Central London and 4 kms (2.5miles) east of Greenwich, benefiting from good road communications with the A206 immediately to the north providing a direct link, via the Blackwall Tunnel, to Canary Wharf, the City and both the M11 and M25 Motorways.

In addition, Woolwich Arsenal Station provides regular rail services to London Bridge, Charing Cross, Waterloo East and Cannon Street.

North Woolwich, which can be reached by Woolwich Ferry or foot tunnel, also enables access to Canary Wharf and London City Airport.

The Sainsbury’s store is situated immediately south of the prime retail pitch of Powis Street.

The store fronts onto Calderwood Street and only a short walk from Woolwich Arsenal Station.

Powis Street is pedestrianised resulting in a large number of buses stopping in Calderwood Street immediately adjacent to the Sainsbury Store.

Please Contact PL2L for more info on:

Schedule of Tenancies and Accommodation - The Royal Arcade, Norwich