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Tuesday, 04 February 2020
Premium distribution space in Enfield, a top-10 UK location for retail last mile, is available to let following Goodman’s acquisition of the 187,466 sq ft property in November 2019.
Only 14 miles from Central London and in close proximity to the M25 via J25, Goodman London Enfield meets the growing demand for high quality urban logistics space with strong connectivity. This will provide customers with access to a consumer base with a predicted purchasing power of £221.8bn within a 60-minute drivetime.
Forming part of Innova Business Park, the property was constructed in 2012 on a site that hasn’t been available to lease since the 1980s, during which time the area has seen consistently high demand. Customers will now be able to take advantage of the quality space at this sought-after location.
Benefitting from a 14.2m clear internal height and 38m yard depth, the high-specification warehouse will be ready for occupation in June 2020 – making it well placed to serve the needs of retailers, e-commerce companies and third-party logistics providers.
The investment builds on Goodman’s growing London presence, following the purchase of a strategic 9.5 acre employment site in Park Royal last February.
Charles Crossland, Managing Director, Goodman UK, said:
“This property sees us continue to deliver our global strategy of owning, developing and managing properties in high-demand, strategic locations to serve our customers’– with London functioning as a gateway city, opening up access to surrounding regions as well as holding a strong position for global trading. The Enfield location offers fast access to the most densely populated areas in the UK, helping customers meet rising rapid delivery expectations.”
Connectivity and access to consumers meet with a ready and growing workforce, with the population of Enfield set to increase by 10% by 20312.
Joint letting agents for the scheme are Cushman and Wakefield and CBRE.
For more information and to enquire about Goodman London Enfield, please visit the property page for further details.
1 Novaloca statistics for G Commercial Park – 4 minute drive away
2 Enfield Council, 2019