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Investment Highlights

  • Prime Retail Investment Opportunity.
  • Recently Renewed Five Year Lease.
  • 2,899 sq ft (269.32 sq m).
  • Investment Let at £60,000 p.a. (10% GIY on Guide Price).
  • Let to Vodafone.
  • Lease Expires 10.03.2030.
  • Prime Pedestrianised Pitch.

Executive Summary

Lot 214 is available by way of Savills Online auction 22nd April 2026
The property comprises a prime high street retail investment opportunity occupying a high footfall pedestrianised pitch. Arranged across basement, ground and two upper floors, the property is fully let to Vodafone on a recently renewed five year lease expiring 10.03.2030 and paying £60,000 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.

Property Facts

Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold/Long Leasehold
Property Subtype
Bank
Property Size
2,889 sq ft
Costar Property Class
B
Year Built
1897
Price
£600,000
Price per sq ft
£207.68
Tenancy
Single
Number of Floors
3
Floor To Floor Height
9 ft
Plot ratio
1.47
Total Plot Size
0.05 ac
Frontage
19 ft on Powis St

Amenities

  • Bus Route
  • Security System
  • Signage
  • Storage Space
  • Air Conditioning

Major Tenants

  • Tenant
  • Industry
  • sq ft Occupied
  • Rent/sq ft
  • Lease End
  • Kalo
  • -
  • 2,379 sq ft
  • -
  • -
  • Information
  • 2,889 sq ft
  • -
  • -

Vodafone UK is a telecommunications provider headquartered in Newbury, where the business has maintained its primary operational base since its early development as part of Racal in the 1980s. Established in 1980, the company played a notable role in the evolution of mobile communications in the United Kingdom, contributing to several industry firsts, including involvement in the country’s earliest cellular services. Over the decades, the company expanded its offerings to include mobile connectivity, broadband, digital communications, and enterprise solutions for both consumers and businesses. Vodafone UK is part of VodafoneThree, a joint venture formed following the completion of the merger between Vodafone UK and Three UK. As a publicly traded company under Vodafone Group, the organisation participates in extensive network modernisation efforts and digital transformation initiatives across the UK.

Tenant Industry sq ft Occupied Rent/sq ft Lease End
Kalo - 2,379 sq ft - -
Information 2,889 sq ft - -

Nearby Major Retailers

Anytime Fitness
Pret A Manger
Costa Coffee
Starbucks
Tesco Extra
Nisa
Lidl
HSBC
Lloyds Bank
Santander
  • Listing ID: 40026065

  • Date on Market: 03/04/2026

  • Last Updated:

  • Address: 27 Powis St, London SE18 6HZ

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