Nisa Local, Canary Central, Docklands, London E14 9LQ

SOLD
Investment Highlights
  • Convenience store investment forming part of a substantial 406 unit residential development.
  • Located in the heart of London Docklands ‘Millenium Quarter’ immediately south of Canary Wharf.
  • Unexpired lease term of approximately 9.9 years.
  • Current passing rent of £90,376 per annum.
  • Virtual Freehold.
  • Offers sought in excess of £1,050,000 subject to contract, reflecting a Net Initial Yield of 8.14% (assuming the deduction of full purchasing costs of 5.80%), and a capital value of £267 psf.

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