Shopping Centres for sale in Little Heath, Redbridge, Romford

Shopping Centres in Little Heath Redbridge available for sale

Shopping Centres for Sale Within 10 miles of the Little Heath, Redbridge, Romford

27 Powis St

London, SE18 6HZ

Retail for Sale
£600,000
2,889 sq ft

Air Conditioning
Security System

London Retail for Sale - South East London

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.

Contact:

Savills

Property Subtype:

Bank

Date on Market:

03/04/2026

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68-86 Powis St

London, SE18 6LQ

Retail for Sale
£5,000,000
23,310 sq ft

Energy Performance: D
Air Conditioning
Security System

London Retail for Sale - South East London

A substantial freehold mixed-use retail and residential investment situated on a 0.6-acre site in the prime section of Powis Street, Woolwich’s main shopping thoroughfare. The property comprises a well-configured retail parade with eight commercial units and long-leasehold residential accommodation above, totaling 35,450 sq ft of commercial space plus 16 residential flats held on a long lease. Let to a strong tenant mix including Deichmann, Savers and O2, who together contribute 54% of the total income, the investment provides a combined proposed income of £449,500 per annum (including vendor rental guarantees) with a WAULT of 3.7 years to expiry. The area continues to benefit from transformational regeneration, improved connectivity via the Elizabeth Line, and multiple large-scale development schemes nearby. With reversionary potential and scope for future residential redevelopment of upper parts (subject to planning), the asset offers an attractive opportunity in a rapidly evolving London submarket.