Amazon is set to sign the largest logistics pre-let in Europe for what will be one of the most revolutionary facilities in the sector.

The company has secured a deal for 2.2m sq ft at Roxhill and Port of Tilbury’s 70-acre London Distribution Park in Essex. It is expected that this will trigger the biggest industrial investment deal in the UK.

The building will be the UK’s first four storey distribution centre and will be funded by the annuity fund of Legal & General, which purchases long-leased property.

The fund manager will pay £150 million which reflects a yield of 5.25%, as Amazon signs a 20 year lease at a rental rate of around £3.60 per sq ft.

The investment from Legal & General underlines its commitment to logistics in the UK and institutional investor confidence in the latest generation of high-tech assets.

Planning permission for the development was granted earlier in the month and work began earlier in the week.

The facility will be the UK’s tallest and largest warehouse standing at over 70 ft with four floors, which are just less than 600,000 sq ft each. The first floor will also feature a mezzanine.

The UK’s only other multi-storey warehouse is SERGO’s two storey site X2 at Hatton Cross in Heathrow, but unlike this facility, Amazon’s new development will see the ground floor acting as the primary processing area for deliveries, while lorries will not drive up to the upper storage floors.

Rather, there will be over 60 loading doors for goods both incoming and outgoing. The scheme will also feature a car park for 1,900 cars and 94 delivery trucks, along with a 100,000 sq ft office block.

Amazon’s most cutting edge technology will be housed in the warehouse and will be operated by robotic firm Kiva Robots which Amazon bought for £531 million in 2012.