When it comes to industrial property, Heathrow and the area around it is like Mayfair on the Monopoly board.
Heathrow is the busiest airport in the United Kingdom, as well as the busiest airport in Europe by passenger traffic, and sixth busiest airport in the world by total passenger traffic. But it's not passenger traffic that makes Heathrow so expensive for warehouses, it's because of the volume of goods being imported through Heathrow. 90% of world international trade travels by sea, largely because it's the most economical way to do it. Air travel is not cheap, but it is quick so what you get is high value goods travel by air for just-in-time delivery. The result is that warehouses nearby international airports tend to be high quality, secure, fast-moving logistics operations. And none more so than at Heathrow. This is where the country's most valuable goods are moving through.
It should therefore come as ano surprise that all the big name logistics companies have bases around Heathrow. Specialist, high security warehouses, cross-docking and consolidation sites are the order of the day. Bulk and pallet storage is not economically viable and if it is required expect to see pallet storage >£5per week.
Rank by import value 2016 (£)
Import value 2016 (£)
Rank by export value 2016 (£)
Export value 2016 (£)