Amazon distribution hub in Belfast goes on the market

A landmark logistics asset in Belfast Port has emerged as a rare investment opportunity, with a £29 million price tag. The facility, built to Amazon’s specifications in 2020, spans 411,185 sq ft on a 9.5-acre site and includes a 91,077 sq ft distribution warehouse, offices, and a 479-space triple-deck van park.

The entire property is let to Amazon UK Services Ltd on a 15-year full repairing and insuring lease, generating a current annual rent of £2.07 million. Lease terms include five-yearly upward-only rent reviews, compounded annually to CPI, with a 1.5% to 2.75% collar and cap, offering predictable growth for investors.

Strategically located within Belfast Harbour’s industrial area, the site benefits from direct connectivity to the port, city centre, and national motorway network. Notably, it stands as Northern Ireland’s only purpose-built last-mile distribution hub tailored to Amazon’s operational model.

The sale presents a unique entry point for investors seeking a high-quality logistics asset underpinned by one of the world’s most robust corporate tenants. The combination of secure income, long lease tenure, and modern specification enhances its appeal to both domestic and international capital. Savills Ireland, the appointed agency, highlights the property’s resilience and strategic relevance in a sector where scale, connectivity, and reliability are increasingly critical.

With e-commerce continuing to reshape supply chain priorities, last-mile distribution hubs like this one are positioned to remain central to operational efficiency and investor confidence.

See the full article to understand why this deal could set a benchmark in logistics investment.