Industrial Rent per Square Foot UK (2026) – Warehouse & Logistics Rates
Overview of current UK industrial and warehouse rental values per sq ft across key logistics markets.
Average UK Industrial Rents (2026)
- National average (warehouses):
£11 – £14 per sq ft/year - Large distribution warehouses (100,000+ sq ft):
~£11.9 per sq ft/year - Mid-box / modern logistics units:
~£15 – £16 per sq ft/year
London Industrial Rents (Highest in UK)
- Average: ~£17 per sq ft/year
- Prime logistics / modern units can go higher depending on location and specification
Regional UK Industrial Rents
- South East & Midlands logistics hubs:
£12 – £15 per sq ft/year - Northern regions (Manchester, Leeds, etc.):
£9 – £13 per sq ft/year
Key Market Insight
- Industrial rents remain highest-performing UK commercial sector
- Strong demand driven by e-commerce and logistics networks
- Prime assets in supply-constrained areas continue to push rents upward
- Larger warehouses tend to have lower £/sq ft, but higher total rental income
Fraser Bond Insight
Fraser Bond notes that UK industrial rents are now structurally higher than pre-2020 levels, driven by:
- e-commerce expansion
- supply chain reshoring
- shortage of Grade A warehouse space
