Gateway to growth: Prime industrial investment adjoining Port of Felixstowe
Landguard Point Enterprise Centre is a substantial freehold industrial investment adjacent to the country’s latest container port, offering excellent rental income which will be significantly increased in the near future, as well as future development potential.
Located next to Port of Felixstowe and occupying a site of around 6.54 acres, the premises comprises over 77,000 sq. ft. of accommodation, combining modern manufacturing facilities, extensive yard space and parking, with a detached, dedicated office building. The property is let to Cogent Technologies on a 10 year, contracted out FRI lease from 1 October 2020. The current passing rent is £330,000 per annum but subject to a rent review in September 2025, which has now been implemented and referred for third party determination. A significant increase on the rent passing is anticipated on conclusion of the review, please contact Fenn Wright for full details.
Planning permission was also granted in 2021 for the subdivision of the building into 21 individual business units, alongside the creation of a new car park, which has been kept live and could be implemented if the current lease was not renewed.
Alistair Mitchell, who is dealing with the sale of the investment added “Opportunities of this scale and strategic significance rarely come to the market in Felixstowe. The outstanding rent review is close to being finalised and will result in a significant increase in the rental income.”
Constructed in 1989 as part of the renowned Schlumberger manufacturing complex, the building has been designed to support sophisticated production and industrial processes.
Location is still one of the most critical factors in modern supply chains and the Port of Felixstowe is the UK’s largest and busiest container port, handling approximately 4 million TEUs annually and welcoming around 2,000 vessels. The port serves as the principal UK gateway for imports from Asia and global markets, providing direct connections to international shipping routes.
Strategically positioned on Langer Road, Landguard Point Enterprise Centre is under one mile from the port’s main entrance, offering easy access to the A14, A12 and wider motorway network.