LONDON E14 – UNIT 3, 20

PROMINENT CORNER UNIT AVAILABLE NEXT TO MONGOMERY SQUARE

OPPOSITE UNDERGROUND EXIT / ENTRANCE

LOCATION LEASE

20 Canada Square is located on the Canary Wharf Estate, The premises are available by way of an assignment of the one of the main financial centres of the world. Currently, 20 existing lease, contracted out of the Landlord & Tenant Act Canada Square is home to BP (Trading Division) and the UK 1954, expiring on 13th November 2027, subject to an HQ of S&P Global. upward only rent review with effect 14th November 2022 at a current rental of £180,000 p.a. excl. The subject property is situated in a very prominent corner position diagonally opposite the Upper Bank Street exit from TERMS London Underground and next to Montgomery Square. Nearby occupiers include Foxtons, Savills, Scarpetta and Offers are invited on an assignment basis with terms 640 East Bar. available upon request. Underlettings are not permitted.

The development is immediately to the east, RATES which when finished (currently expected 2023) will contain 5 million sq.ft. of space, including 2 million sq.ft. of offices, We are informed by the Local Rating Authority that the 3,330 new residential units, 8.9 acres of public space and premises have been assessed for rating purposes as 380,000 sq.ft. of shops, restaurants and space for follows:- community use. Rateable Value - £87,000 UBR (2021/2022) - 53.2p

THE PROPERTY Various relief schemes are in existence and interested parties are recommended to make their own enquiries with the Business Rates The premises are arranged over ground floor only and offers Department of Tower Hamlets Council – Tel: 020 7364 5000 the following approximate dimensions and floor areas: COSTS Internal Width (front) - 11.2 m 36' 10"

Max Depth - 21.6 m 71' 00" Each party is to be responsible for their own legal and Ground Floor - 101.4 m² 1,091 sq.ft. surveyors costs incurred in the transaction. Raised Ground Floor - 83.1 m² 894 sq.ft.

Mezzanine - 110.3 m² 1,187 sq.ft. INSPECTION

Viewings can only be carried out with prior notice by EPC contacting:-

An EPC is available upon request. Mark Cherry [email protected]

Tel: 020 7409 2100

5-7 JOHN PRINCES STREET LONDON W1G 0JN smithpricerrg.co.uk 020 7409 2100

Smith Price RRG LLP is a limited liability partnership registered in and Wales 0C318959. Registered Office: 5-7 John Princes Street, London, W1G 0JN. Registered by the RICS. Canary Wharf

Experian Goad Plan Created: 18/06/2020 50 metres Created By: Smith Price RRG Copyright and confidentiality Experian, 2019. © Crown copyright and database rights 2019. OS 100019885

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