How to pick the perfect warehouse to let
For many businesses, finding the ideal warehouse to form part of their operations is an essential part of the process. Achieving success is due to different components functioning independently to form your business goals. Obtaining a warehouse to let is a crucial aspect of ensuring recurring business performance and sets the foundation for organising your logistics.
Location and space: two vital factors
Industrial areas and business parks are where you should consider investing first. From a business point of view, these areas are conducive to warehousing success. Here, you will find a wealth of businesses that operate independently and are utilising rented warehouses to their advantage.
Location affects shipping costs. Make sure that your warehouse is situated in a prime position to best provide services to logistics companies and your clients. The best warehouses to let can be found on Newpoint Property Group's online site and by searching listings in your local industrial area. Consider the square footage of your warehouse for different uses. While smaller spaces may be ideal for newer companies, larger warehouses are great for a surplus of stock, or businesses that need large equipment.
Take into consideration the distance you need to be from your suppliers, manufacturers or distributing companies. Do you need easily accessible routes to the airport or shipping port? Does the warehouse offer the correct transportation links needed to sustain daily logistics operations? Choosing a warehouse in the right location will save you time and money. These are questions you need to answer before deciding upon a warehouse to let.
Finding the right infrastructure: support your business growth
Many warehouse options have features that are designed to aid business success. Things such as product racks, loading bays, industrial sized refrigerators, temperature controlled rooms, security systems and more. These features will greatly contribute to your business' success and help establish your ability to function out of a rented warehouse.
Work in your rental cost: add this to your monthly expenses
While warehouses increase the professional standing of your business and have become an absolute necessity in today's world, business owners should include the monthly warehouse rental as an integral part of their budget. There are additional expenses that come with renting a warehouse, such as utility bills, maintenance costs, private security measures and other stipulations that may be included in your lease. Expect your monthly rental fee to include expenses the landlord may expect you to pay, such as business insurance or property taxes.
Types of warehouses: be specific in your choice
Whether you are looking for a small warehouse, a manufacturing site or a distribution warehouse, we have a range of options for you to choose from.
Small warehouse - Ideal for startup businesses or those with limited inventory. Is an affordable option for businesses without major capital or turnover.
Manufacturing warehouse - Usually found in industrial areas, these warehouses are often equipped for storage, assembly and packaging.
Distribution warehouse - Built for high volumes of goods/products and provides efficient couriering of stock.
Rent a warehouse today
When you find the warehouse you've been searching for, evaluate its accessibility, enquire about the utilities and review the lease agreement. Finetune your expectations and get ready to achieve your business goals with Newpoint Property Group. Contact us today for expert assistance on your new venture.
18 Oct 2024
Author Newpoint Property Group