SHOP LEASE FOR SALE

The premises are arranged over Ground Floor only with the following approximate dimensions and areas: Tenure The premises are held by way of a 10 year internal repairing and insuring lease from June 2013.  The Lease is contracted outside the provisions of the Landlord & Tenant Act 1954 Part II (as amended). Rent £170,000 per annum exclusive for the ground floor retail.  The rent for the storage space is £10,642 per annum exclusive. Premium Offers are invited for the benefit of the leasehold interest. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £155,000 and the rates payable are £77,345. The UBR for 2017/2018 is 49.9p. This figure may be subject to transitional relief and interested parties are advised to make their own enquiries with the Local Authority for verification.  The RV for the storage area is £7,900 with RP of £3,681.40.
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Location Description

Canary Wharf has more than 120 stores across five malls.  It is easily accessible via public transport via the Jubilee Line, Docklands Light Railway, six bus routes and the river bus.  The Elizabeth Line (Crossrail) is due to be operational in 2018. The unit is located in a prominent position on the middle level of Jubilee Place, adjacent to Bimba Y Lola and opposite Sandro and Kiehl's.  Other nearby retailers include L'Occitane, Links of London, Karen Millen, L.K. Bennett, Maje, Reiss, Whistles and Molton Brown.
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Sizes and Measurements

Total Size

1,849sqft

Sales Area

1,536sqft

Sales Width

25 ft 9 in

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

1,536sqft

Status

Under offer

Available from

Now

Remote Storage

Details

Non-Sales

Size

313sqft

Status

Under offer

Available from

Immediately

Lease Information & Charges

Available from

Immediately

Lease End

31/05/2023

Lease type

Assignment

For rent

£170,000/pa

UBR

49.9p

Ratable Value

£155,000.00

Business Rates

£77,345/pa

Floorplan

Photos

LONDON CANARY WHARF JUBILEE PLACE 40

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