Retail Prime retail opportunity near entrance to tube station - Unit 92, Jubilee Place, London , E14

London E14, UK

Facilities
  • 24 hr Access
  • Retail Use
Description

Prime retail opportunity near entrance to tube station Unit 92, Jubilee Place, London.
Jubilee Place comprises a prime, below ground, mall at Canary Wharf, with full height glazed shop frontages, an elliptical court with stepped seating and high quality food hall. The mall attracts footfall numbers of approximately 49 million per annum.
The subject property is adjacent to the entrance to Canary Wharf Underground Station on the ­2 floor mall which has a prime fashion and boutique retail focus. Nearby occupiers include MAC, COS, Godiva and Sweaty Betty.
Accommodation
The property comprises a ground floor retail unit with curved frontage. The approximate floor areas are provided below :­
Net frontage: 6.0 m 19 ft 8 ins
Floor area: 40.1 sq m 440 sq ft
Use
A1 ­ retail
EPC
The EPC provides a rating of 'B­41' and can be provided on request
Terms
The property is available by way of assignment of the existing lease with a term expiring 31st March 2025.
Rent
£85,000 per annum, exclusive of rates, VAT and service charge, and subject to turnover top up.
Service Charge
The service charge is guided at approximately £8,500 per annum based on previous years.
Rates
Rateable Value: £53,500
UBR: 49.6p
Rates Payable: £26,536
Please verify the actual rates payable with the local authority.
Legal Costs
Parties will need to pay their own legal costs associated with any transactions.

Area
sq ft
Security Shutters
No
Use
A1 (Retail)
Location
City/Town Centre
Minimum Availability
12 Months
Price per annum
££85,000
Location
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