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Millharbour, Canary Wharf, Docklands, London E14

For sale
  • Waterside E Class unit located in the heart of London Docklands.
  • Ground floor extends to 836 sq ft (77.71 sq m).
  • Let to Countrywide Estate Agents, on a 10-year lease from 25 June 2019.
  • Upward only Rent Review in June 2024.
  • 7.76 years to expiry (2.76 years to break).
  • Connells acquired Countrywide in March 2021 to create the largest combined Estate Agency in the UK.
  • Currently producing a Gross Rent of £49,000 pa, (Net Rent £45,975 pa. after the deduction of ground rent).
  • All rents are paid and up to date.
  • Offers are invited in excess of £650,000 (Six Hundred and Fifty Thousand Pounds) subject to contract and exclusive of VAT.
  • This reflects a Net Initial Yield of 6.72% off the net income, assuming standard purchasers’ costs of 5.18%.
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