Greenwich - Stone Lake Retail Park, Woolwich Road, SE7 8LU

Size
An existing retail park of about 92,000 sq ft, together with associated servicing and car parking for 423 vehicles.

Location
Prominently located on a major arterial route and accessed via a dedicated roundabout junction. The property lies in close proximity to an established out of town retail area.

Tenant(s)
Currys, PCWorld, Halfords, Carpetright and Harveys. Dreams have now taken occupation of Unit 1b. Unit 1a is currently being marketed.

Contact
Carl Barrand
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Details

The property comprises a freehold retail warehouse park investment located just to the east of the established out of town retail cluster around Bugsby’s Way.

The retail units, which were developed in the late 1990s, are currently primarily let to ‘bulky goods’ occupiers on leases with between three and twelve years unexpired. The planning consent is open A1 non-food.

The aggregate passing rent is c £1.65m per annum although there is also one vacant unit. The existing rents average about £22.50 per sq ft.