Are you planning to lease a go-down or warehouse for office, storage, or manufacturing space? You need to consider a few factors to ensure you get the right area. Greenpoint must conduct enough research and plan appropriately before leasing a commercial property since a simple mistake can result in huge losses. Here are some essential factors you should consider before signing that warehouse lease.
Accessibility
Depending on the warehouse use, you must ensure the building is easily accessible. For instance, if you need a storage or distribution center, you may need to use semi-trucks and trucks; therefore, you must ensure enough space to park your trucks. You must also confirm that you can bring and park overweight trucks inside the warehouse.
Zoning regulations
You may need a warehouse for manufacturing or holding concerts besides storage and distribution. You need to ensure that the state regulations allow you to have such unconventional services to avoid penalization.
Pricing
Like renting any other commercial building, pricing is a major concern when leasing a warehouse. Some property managers overcharge inexperienced and unknowledgeable tenants to make extra bucks. Other owners hike their prices by offering additional and unnecessary attachments to the fee. It would help if you considered checking out various go-downs to determine the one charging a fair price. Remember to avoid cheap warehouses since they might have hidden problems such as pest infestation and a high insecurity.
Heating and ventilation
Whether you need to lease a warehouse for storage, distribution, manufacturing, or office space, you must ensure that it is properly ventilated and installed with a heating and cooling system to help regulate room temperatures. The last thing you need is to have your workers suffocating from dust and heat or have your perishable goods damaged by excess heat. In case the warehouse is strategically located but does not have HAVC systems, you can make arrangements with the owner where you can bear the cost of installing them and offset the lease fee.
Usable space
Huge space is probably one of the reasons companies and individuals lease a warehouse. You should ensure that the room can accommodate your storage needs and also enough to ease trucks and semi-trucks maneuverability. If you need a warehouse to use as a co-working space, you have to ensure that the area is sufficient to accommodate all the partners.
Operating and maintenance expenses
Before you sign a commercial lease, you need to determine who will be taking care of maintenance. If this is not made clear, you may face long-term inconveniences. You can arrange where the owner will take care of major maintenance, and the tenant will take care of minor operating expenses.
Location
It is usually wise to choose a warehouse near transport facilities such as highways, railways, or airports if you are involved in storage and distribution services. Also, ensure the warehouse has a good power connection and proper drainage. Security is also a major factor that you should consider to avoid losses that are usually a result of vandalism. If you plan to look for a warehouse for your business, you must take the time to look for the one that suits your needs.
