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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
Powis Street is home to a raft of National businesses such as TK Maxx, M&S, Iceland, JD Sports, McDonald's and a Travelodge Hotel. The property has a 36 metre frontage (118') and is opposite a large surface car park, being within a few minutes' walk of Woolwich Arsenal DLR and Main Line railway stations.
