Unit Shop 15, South Colonnade, Canary Wharf Underground Station
London, Greater London, E14 5NY
1,025 sq ft, (95 sq m)
The landlord is seeking offers in the region of £195,000 per annum net of VAT or a percentage of turnover, whichever is the higher. The rent will be exclusive of rates and service charge.
The unit is available by way of a new lease for a term of years, contracted outside of the Landlord and Tenant Act 1954.
The subject premises is situated in the DLR station at the bottom of the escalator, in a prime position. Located opposite Paddy Power, and adjacent to Starbucks and Tortilla. There is a small storage unit located outside of the DLR station on South Colonnade, which is approximately 70 sq. ft.
Canary Wharf is an area that continues to develop. The Canary Wharf estate now includes over 1.5m sqm of retail and office space. This covers Canada Water, Cabot Square and Westferry Circus, together with West India Quay and Wood Wharf. Canary Wharf includes the Docklands Light Railway Station. The station was built into the base of One Canada Square itself, between two parts of a Shopping Centre, and serves the Canary Wharf office complex. The station itself has six platforms serving three rail tracks and is sheltered by a glass roof. The DLR station is a short walk from Canary Wharf underground station and Heron Quays DLR station.
Rateable Value - £110,000 Rates Payable - £54,120 Interested parties are advised to check with the local council with regard to business rates.
There is a small service charge payable to The Canary Wharf Group - figure TBC