Property Information
Address:
Wick Tower, 138 Powis Street, London
, SE18 6LR
Price: Sale Price: £1,800,000
Size: SOA
Primary Category: Land
All Categories:
Investment, Land,
Property Ref/Movehut: MH680961
Property Ref/Agent: 790
*Please use the agent ref when calling the agent directly.
Property Date Information
Last Updated: May 2, 2024
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
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
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