30 years of Canary Wharf, a local impact report

Skyline image of Canary Wharf E14

30 year developmental impact report

30 years of Canary Wharf Group and 34 years of Alex Neil Estate Agents in Docklands, South East and East London. During the last 30 years, Canary Wharf Group have masterminded the evolution of the Canary Wharf estate which is centred on Britain’s second tallest building at One Canada Square, the tower itself was eclipsed in height by the Shard's in 2010.

Alex Neil Estate Agents were founded Rotherhithe & Bermondsey, Canary Wharf & Docklands, Bow & Bethnal Green and Chislehurst & Bromley in 1984, some four years prior to the construction of Canary Wharf. We’ve witnessed the continual changes to the towering skyline we see today and like Canary Wharf we've evolved whilst many of our own founding principles still run strongly through the business today.

First class service delivery and our ability to adapt to new challenges are as important now as they were in 1984. We continue to thrive and have progressed to be the respected, leading independent estate agent we are today. In celebration of their 30-year tenure, Canary Wharf Group have released their 30 Years of Canary Wharf Local Impact Report. It makes for very interesting reading along with many impressive numbers and statistics, for example:

Employment

“Canary Wharf supports 398,198 jobs in the UK of which nearly 149,000 are within the Isle of Dogs cluster. This accounts for 54% of the jobs in Tower Hamlets. Of the 120,000 Tower Hamlets residents in work, it is estimated that over 12,000 work in Canary Wharf.”

“To ensure this economic impact is felt locally, close partnerships are developed with local authorities to identify skills gaps and training needs so local people are able to benefit. At the inception of the Canary Wharf development in 1987 the Tower Hamlets and Canary Wharf Further Education Fund was created to promote the advancement of further, higher and postgraduate education and vocational training among Tower Hamlets’ residents. In the past 20 years there have been over 2,400 beneficiaries receiving a share of over £2.4 million.”

When you need an estate agent to advise and provide you with the sales or rental value of your home or when you are looking to purchase or rent a property in Canary Wharf we are the agent to contact. If Canary Wharf sounds like an appealing area to make a home, you could also consider Isle of Dogs, Wapping, Limehouse, Royal Docks, Stratford, Bethnal Green and Hackney.

Written by Alex Neil Estate Agents

Fees

Tenant Information

Refundable Holding deposit - 1 weeks rent

Security Deposit 5 weeks rent for annual rental under £50,000, or 6 weeks rent for annual rental over £50,000

Rent - The agreed monthly rent

Changes to tenancy - £50 inc VAT

Early termination charge - Not exceeding the landlord’s financial losses

Late payment of rent Interest of 3% above BoE base rate for each day the rent is late, once it is 14 days overdue

Replacement keys - Reasonable costs

Utilities, council tax, communication services, TV Licence etc Tenants own responsibility unless otherwise stated

Client Money Protection Scheme Membership details Alex Neil are members of CMP (client money protect)

Property Redress Scheme Membership details: Alex Neil are members of The Property Ombudsman. Membership number N00018.