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15, Canada Square

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15 Canada Square
E14 5GL London
Ref: 10580

  • 434,261.00 ft² (40,344.15 m²)
  • Price on application

Description

Description

• Prime Headquarters 25 Year Sale & Leaseback.

Executive Summary

- 100% prime central London location on the Canary Wharf Estate, positioned directly opposite the new Crossrail station and overlooking Canada Square.

- Virtual freehold interest occupying a substantial site of 0.95 acres.

- Kohn Pedersen Fox Associates (KPF) designed landmark Canary Wharf development, completed in 2009, to a very high specification.

- 434,261 sq ft (40,327.8sq m) NIA of highly specified office and ancillary accommodation arranged over lower ground (x4), ground and 14 upper floors.

- Let as a whole, on a single FRI lease, to KPMG LLP as their UK headquarters, by way of a 25 year unbroken leaseback, offering a rare investment profile.

- The lease will provide inflation linked rental performance, with 5 yearly Consumer Prices Index (CPI) linked upwards only rent reviews, with a collar of 0% per annum and a cap of 3% per annum.

- The initial gross rent will be set at £18,130,000 per annum, equating to a low passing rent of £41.75 per sq ft overall.

- Opportunity to acquire a landmark headquarters building in one of London's most prominent business locations.

- Offers are sought, subject to contract, for our clients virtual freehold interest.

Location

Location

Fifteen Canada Square occupies a highly prominent 0.95 acre virtual island site, in the core of the Canary Wharf Estate, situated on the northern side of the landscaped Canada Square Park and immediately opposite Crossrail Place, the new Crossrail station and leisure facility.

The property is located approximately 250 metres east of the Canary Wharf Docklands Light Railway station and 175 metres to the north of the Canary Wharf Jubilee Line station, Jubilee Line Underground services can be accessed directly via the Canada Place Retail Mall.

Amenities

Amenities

  • Air-Conditioning
  • Bike Storage
  • Car Parking
  • Cycle spaces and lockers
  • Excellent BREEAM Rating
  • Lifts
  • Male and female WCs
  • Manned reception
  • Suspended metal tiled ceilings

Energy Rating

Energy Rating

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Contact

Contact
Edmund Miller
John Woodger
Andrew Hawkins
  Details

Transport Information

Transport:

15 Canada Square benefits from excetional transport facilities with direct access to the Jubilee Line and Docklands Light Railway, providing quick connectivity to central London and beyond. The opening of the Elizabeth Line at Crossrail Place in 2018 will further enhance this provision.

JLL for themselves and for the vendors or lessors of this property whose agents they are, give notice that:

  1. The particulars are set out as a general outline only for guidance and do not constitute, nor constitute part of, an offer or contract;
  2. All descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are believed to be correct, but any intending purchasers, tenants or third parties should not rely on them as statements or representations of fact but satisfy themselves that they are correct by inspection or otherwise;
  3. No person in the employment of JLL has any authority to make or give any representation or warranty whatever in relation to the property;
  4. Any images may be computer generated. Any photographs show only certain parts of the property as they appeared at the time they were taken.

For properties in Scotland:

  1. This correspondence is expressly subject to completion of formal legal missives in accordance with Scots Law.

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