Express Interest in this Property

Co-op Food, Canary Wharf, Greater London

Offers in Excess of £ 950,000

Basic Facts

Brochure Link: View Brochure Status: Type: Tenure: Leasehold
Gross Yield %: 5.5 Gross Rent: £ 105,608 Lease Term: 15 years from Oct '15
Area: 3934 sq ft VAT applicable: Yes Years left on Lease: 10.7

Property Description

  • Virtual Freehold (999 years) blue-chip convenience store investment
  • Forms part of a substantial 406 unit residential development built in 2005
  • The ground floor unit measures approx 3,934 sq ft

Location Description

  • Located at South Quay immediately south of Canary Wharf.
  • The Canary Wharf estate is London’s premier financial district, with the surrounding area comprising premium residential accommodation for many of the professionals who work in Canary Wharf

Additional Notes

  • New 15 year FR&I lease from late 2015 to Co-Op Food with a guarantee from Co-operative Group Food Ltd for £90,376 p.a.
  • Fixed annual rental increases of 2.25% p.a.
  • The unit previously traded as a Nisa Local convenience store

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