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Langer Rd 77,584 sq ft Industrial Property Felixstowe IP11 2ER £5,750,000 (£74.11/sq ft)
Investment Highlights
- Strong transport links via A14 and proximity to national motorway network
- Extensive external areas featuring large service yard and detached office building with allocated parking.
- Strategic location less than one mile from the main entrance to the Port of Felixstowe, the UK’s busiest container port.
Executive Summary
The asset is currently let to Cogent Technology Ltd on a 10-year FRI lease expiring September 2030, producing £330,000 per annum, with an upward-only rent review due 30th September 2025 (implemented and referred for third-party determination). The tenant is a subsidiary of a financially robust parent company, providing covenant security.
Offers are invited in the region of £5,750,000, representing an exceptional opportunity to acquire a large-scale industrial asset in one of the UK’s most strategic logistics and manufacturing locations
Offers are invited in the region of £5,750,000, representing an exceptional opportunity to acquire a large-scale industrial asset in one of the UK’s most strategic logistics and manufacturing locations
Property Facts
| Price | £5,750,000 | Total Plot Size | 6.52 ac |
| Price per sq ft | £74.11 | Net Internal Area (NIA) | 77,584 sq ft |
| Sale Type | Investment | No. Floors | 2 |
| Tenure | Freehold | Year Built | 1980 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Allocation | 2.84/1,000 sq ft |
| Costar Property Class | B | Eaves Height | 18 ft 1 in (5.51 m) |
| Price | £5,750,000 |
| Price per sq ft | £74.11 |
| Sale Type | Investment |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Costar Property Class | B |
| Total Plot Size | 6.52 ac |
| Net Internal Area (NIA) | 77,584 sq ft |
| No. Floors | 2 |
| Year Built | 1980 |
| Tenancy | Single |
| Parking Allocation | 2.84/1,000 sq ft |
| Eaves Height | 18 ft 1 in (5.51 m) |
Amenities
- Security System
- Accent Lighting
- Roller Shutters
- Storage Space
Utilities
- Lighting
- Water
- Sewer
- Heating
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Langer Rd
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