Things To Take Care Of Before Choosing A Rental Warehousing Space

If you are a seller you already know the importance of a  warehouse. Either you will buy or get a rental warehousing space as per your need. As you start a business or expand your operations you might need a space for your warehouse to store your products. This space might be used for logistics and distribution for further chains. Deciding a proper space might seem an easy task. But a few handfuls of tips can make your efforts easy.

1. Climate

The very first thing you should consider before leasing the commercial space is the climate and weather patterns. Will the excessive climatic condition such as heat, cold, and humidity will affect your product? The adverse climatic conditions may affect your stock in a negative manner.

Many warehouse storage doesn’t offer HVAC systems. Some of them may even need you to install them on your own. It might shell off some extra pennies.

2. Accessibility

Depending upon your product you should consider the mobility and accessibility of your rental warehousing space. Your business needs trucks or minivans for transportation. Will you need a truck in your space? Better access to the warehouse results in cost savings. Selecting a centralized location should be preferred. This helps in the fast delivery of goods.

3. Determine Your Needs For Commercial Rental Warehousing Space

First of all, you need to determine what type of space will best suit your business. The majority of Industrial property generally falls under different subsets.

• Warehouse Space

• Manufacturing Space

Each type of space used in industries serves a separate purpose. Among them, a warehousing space is used for storage and distribution purposes. Another type of warehouse is a distribution center that is used to distribute products, although it is not considered a part of the assembly process.

In Contrast to this, a manufacturing space is used for creating, building, or assembling products. As per your manufacturing needs, a warehousing space may need you to have special zones or special types of construction that includes a high volume power source, or a ceiling of a specific height.

4. Zoning Permissions

Industrial rental warehousing spaces are more affordable but if you are a retailer, you’ll need permission to use this space as your stock center.  First, check the current zoning permissions for the rental warehousing space you are interested in. Also, before going for the warehouse you should find out if the landlord is willing to provide a change of zoning permission.

5. Check The Load limit Of The Floor

If your business includes heavy equipment installations or stacking, you must check the load limit of the floor of your potential warehouse and loading bay before going for it.

6. Safety

The rental warehousing space you are going to pick should be equipped with essential and emergency apparatus. Make sure your unit should be installed with hi-tech security cameras, in-built alarm systems, fire alarms, and fire extinguishers, etc. So that in case of some emergency the immediate actions can be taken.

7. Estimated Annual Running Costs

If you calculate the annual running costs of the warehouse, you’ll find out how quickly it mounts up. What will be the cost of heating, air conditioning, refrigerating, electricity, and protection from pests?

The average running costs vary from city to city because different services have different rates in cities. So make sure to take these into consideration when finding the location for your rental warehousing space.

8. Is Expansion possible?

The first thing you need to figure out, in this case, is how much room will you require for your products? Every Square footage matters, because rents are directly proportional to space you will consume, the more space more the cost will be.

You have to check how the owner is calculating the square footage. You wouldn’t want to pay for space you’ll not even use.

Moreover, you won’t want a lot of unused space in your warehouse but that doesn’t mean there shouldn’t be plenty of room to expand. 

Secondly, you need to decide how much you can stack vertically? Storing items in this way will reduce the required square meterage for the same amount of products stocked.

Besides this, your warehouse should have enough room to move the goods and that too safely across the entire warehouse. Your warehouse should have clear receiving and distribution zones as putting these areas closer to each other can increase the risk of confusion in stock.