Freehold Sale
The property comprises a mid terrace period building of traditional brick/block construction set beneath a pitched roof. Externally there is a rear yard/parking area accessed via Love Lane. The current occupier trades as an optician and the ground floor is arranged to provide customer reception area, consulting rooms, ancillary offices and rear workshop. The first floor provides additional ancillary space.
Woolwich is a busy suburb located within the Royal Borough of Greenwich on the south bank of the River Thames, 8 miles east of Central
London. The subject property is situated in the heart of the town centre on Wellington Street a prominent and accessible location which easy access to the A205 (South Circular Road). The property benefits from excellent levels of passing traffic and the local area is undergoing significant regeneration with several developments underway. Woolwich Arsenal Station is located 0.1 miles away providing services to central London, as well as to Kent and East Sussex.
1938sq.ft (180sq.m)
Lease: The occupier trades as ‘Coton & Hanlin’. The entire property is let for a term of five years at a rental of £21,600 pax. The lease is to be granted outside of the security provisions of the Landlord & Tenant Act 1954 (as amended) and will include mutual break clauses (ie both landlord and tenant) operational from the anniversary of the first year of the term and operable upon at least six months prior notice by either party. Price: Offers in excess of £550,000 (Five Hundred and fifty Thousand Pounds).
