Canary Wharf Underground Station, E14 4HJ
This unit is located on the other side of the ticket hall to the new 8 retail units which have been previously marketed. These units were launched in 2020, with 5 now let and 3 remaining. The subject units sits away from these units on its own, but benefits from being at the top of the escalator coming up from the Jubilee line, and therefore still benefits from passing footfall. The unit was previously let to WH Smiths.
The rent payable to be an agreed minimum guaranteed rent (MGR) based on a percentage of turnover (sales), net of VAT and exclusive of rates.
Canary Wharf is a London Underground station at Canary Wharf and is on the Jubilee line, between Canada Water and North Greenwich stations. 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 Heon Quays, West India Quay and Wood Wharf. The new TfL development within the station has provided TfL with an opportunity to provide a ‘critical mass’ of retail. Over 30 million people pass through the station each year, making it second busiest on the London Underground outside Central London after Stratford, and the busiest that serves only a single line.
Interested parties are advised to contact the VOA directly for more information.
- Available by way of a 5-year lease, contracted outside the Landlord & Tenant Act
- Annual RPI + 1% rent review
Contact Cushman and Wakefield about this property
Cushman and Wakefield
Canary Wharf Shop 7
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