Littlebrook Power Station has been bought for £65m by investors hoping to turn it into a logistics hub for lorries.

Tritax Big Box has acquired the freehold lease for the former power station which sits right on top of the M25 and the Dartford Crossing.

Bosses say the location of the factory makes it ideal for distributing goods to London and the other Home Counties.

Colin Godfrey, Partner of Tritax, said:“We are delighted to be acquiring this prime distribution development site in Dartford.

“Large strategic sites for Big Box distribution buildings within the M25 are scarce and are in strong demand from occupiers.

“The site is capable of supporting several Big Box distribution facilities as well as smaller urban logistics facilities for serving the London and South East markets in particular.

“The development of the buildings, in partnership with Bericote, will only commence on a pre-let basis and provide an opportunity for the Company to enhance our existing portfolio with further prime logistics investments at an attractive yield on cost.”

The power station was decommissioned in 2015 and is 124 acres but the entire site is capable of supporting the potential development of approximately 1.7 million sq ft of logistics distribution buildings.

The Company, working in partnership with logistics developers Bericote Properties, intends to apply for planning consent for the remaining land.

The Company aims to be able to commence building construction by Autumn 2018.