Kent Foods secures London Gateway warehouse
Foodstuff supplier Kent Foods has signed a £20 million deal to establish a new warehouse at DP World’s London Gateway Logistics Park scheme in the Southeast.
By Liza Helps, Property Editor, Logistics Matters
UNDER THE 10-year lease agreement, Kent Foods – a part of The Albex Group – will occupy LG150, a 150,000 ft2 warehouse, to store food products arriving at London Gateway’s state-of-the-art container port before being distributed throughout the UK by rail and road.
Construction of the speculative unit was completed last year, and temperature-controlled freezer units have now been installed to accommodate a wide array of goods, including chocolate, sugar and cooking oils.
The warehouse has been built to the highest sustainability standards, having been awarded both a BREEAM ‘Outstanding’ and EPC ‘A’ rating. It has 12.5m eaves, 18 dock and two level access, a 50m yard, as well as 20% rooftop solar PVs, 400KvA of power and 100% Certified Renewable Power Supply.
Albex Logistics Managing Director for the South East Region Maciej Szczygiel, said: “The industry-leading facilities at this port-centric location will enable Kent Foods to further improve their service to UK food manufacturers by reducing port-to-production timelines for imported raw materials and speeding up the export of finished foodstuffs around the globe.”
Alan Holland, Chief Executive Officer of London Gateway Logistics Park, said: “Kent Foods will be able to leverage the full financial benefits of Thames Freeport and London Gateway’s rail terminal and extensive road links.”
Avison Young represented Kent Foods throughout the acquisition. Savills and Glenny are joint agents on London Gateway.
