The cost of 'big shed' secondary industrial warehouse space per square foot in the United Kingdom (UK) as of July 2021 varied significantly across different cities. The highest average price was found in Heathrow at 17 British pounds in Heathrow, and the lowest was in Aberdeen, Scotland at three British pounds.
The square footage price of larger (100+ thousand square foot) industrial warehousing was less expensive than that of smaller warehousing. Other factors that could affect pricing included location, proximity to major road systems, key population areas, price of developing land and staff costs.
Secondary industrial rents of large warehouse units in the United Kingdom (UK) in July 2021, by city
(in GBP per square foot)
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Price per square foot in GBP
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The source added the following information: "Rents apply to units of 100,000 sq ft + (9,290 sq m). Figures shown are estimates of
achievable open market rents (GIA per sq ft) for each location as at July 2021, assuming normal incentives."
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Colliers International. (October 6, 2021). Secondary industrial rents of large warehouse units in the United Kingdom (UK) in July 2021, by city (in GBP per square foot) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1009383/secondary-big-industrial-rent-costs-in-the-united-kingdom-uk/
Colliers International. "Secondary industrial rents of large warehouse units in the United Kingdom (UK) in July 2021, by city (in GBP per square foot)." Chart. October 6, 2021. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1009383/secondary-big-industrial-rent-costs-in-the-united-kingdom-uk/
Colliers International. (2021). Secondary industrial rents of large warehouse units in the United Kingdom (UK) in July 2021, by city (in GBP per square foot). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1009383/secondary-big-industrial-rent-costs-in-the-united-kingdom-uk/
Colliers International. "Secondary Industrial Rents of Large Warehouse Units in The United Kingdom (Uk) in July 2021, by City (in Gbp per Square Foot)." Statista, Statista Inc., 6 Oct 2021, https://www.statista.com/statistics/1009383/secondary-big-industrial-rent-costs-in-the-united-kingdom-uk/
Colliers International, Secondary industrial rents of large warehouse units in the United Kingdom (UK) in July 2021, by city (in GBP per square foot) Statista, https://www.statista.com/statistics/1009383/secondary-big-industrial-rent-costs-in-the-united-kingdom-uk/ (last visited August 25, 2024)
Secondary industrial rents of large warehouse units in the United Kingdom (UK) in July 2021, by city (in GBP per square foot) [Graph], Colliers International, October 6, 2021. [Online]. Available: https://www.statista.com/statistics/1009383/secondary-big-industrial-rent-costs-in-the-united-kingdom-uk/
